05 October 2022
Dolphin Drilling can announce it has secured a 12-month contract with Nigerian based General Hydrocarbons Limited (GHL) to the value of $96million.
The contract, which is for the drilling contractor’s Blackford Dolphin rig will commence during Q4 of this year. Having recently completed work in the Gulf of Mexico for PEMEX, the Blackford Dolphin will mobilise to Las Palmas for its special periodic survey prior to commencing operations in Nigeria.
Bjørnar Iversen, Chief Executive Officer at Dolphin Drilling said: “We are proud to announce the final award of the Blackford Dolphin contract, proving our position in the niche moored semisubmersible market. Dolphin Drilling has attractive assets, a strong team and a solid platform to leverage on the favourable market development with improved rates. The contract for Blackford Dolphin underlines the potential of the company and its assets, and we believe Dolphin Drilling will capitalise on the continued expected tight rig market for the rest of the fleet.”
Having recently announced its activation on the Euronext N-OTC list, the company is expected to be listed on Euronext Growth in late October.
Dolphin Drilling is best known for its track record in deep water drilling in harsh environments and owns a fleet of three fourth and fifth generation drilling rigs, the Borgland Dolphin, Blackford Dolphin, and Bideford Dolphin.
Photo caption: Chief Executive Officer at Dolphin Drilling, Bjørnar Iversen
Dolphin Drilling is a leading harsh environment drilling contractor for the offshore oil and gas industry. Dolphin Drilling is on a mission to deliver hyper-connected drilling services to the harsh environment and mid-water markets – bringing a new level of real-time information, cost efficiency, and low-carbon operation to support client ambitions. Working hand in hand with our clients, Dolphin Drilling continues to move the industry forward, delivering operational excellence by exploring new ways of working together and championing innovative technologies that bring responsible solutions to the world’s energy challenges.
Tracing its roots back to the mid-1960s, Dolphin Drilling today operates a fleet of three fourth and fifth generation drilling rigs, the Borgland Dolphin, Blackford Dolphin, and Bideford Dolphin, from offices in Stavanger, Aberdeen, Mexico, and Brazil. For more information visit www.dolphindrilling.com.