Dolphin Drilling To Execute $96m Project In Nigeria

Nigerian-based firm, General Hydrocarbons Limited(GHL) has engaged Dolphin Drilling located in Aberdeen on a yearlong contract valued at $96 million (£84m) to carry out its drilling scope.
Under the arrangement, work is expected to kick off in the fourth quarter of this year.
The Blackford recently completed work in the Gulf of Mexico for state-owned oil firm Pemex.
It will now mobilise to Las Palmas for a special periodic survey prior to commencing operations in Nigeria.
The chief executive at Dolphin Drilling, Bjornar Iversen, 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 in Norway – after a three year absence from the capital markets, Dolphin Drilling expects to be listed on the Euronext Growth Oslo later this month.