The Aberdeen-headquartered and Oslo-listed drilling rig company Dolphin Drilling AS (Dolphin) has announced the contract fixture of its semi-submersible drilling rig BORGLAND DOLPHIN to the Spanish multinational energy and petrochemical company Repsol.
Dolphin states that the signed contract represents approximately $60m in firm contract backlog, and the company will now work to mobilize the BORGLAND DOLPHIN, where it will commence well, plug and abandonment operations scheduled to commence late 2026.
The contract provides for a firm 7-wells and spans a minimum 220 days, with an option available to extend for a further 3 wells.
Chief executive officer, Jon-Oliver Bryce, said: “This award demonstrates the trust Operators place in the Dolphin team and in BORGLAND DOLPHIN’s proven performance. As we prepare BORGLAND DOLPHIN for its next campaign, we continue to prioritize delivering safe, efficient and reliable operations throughout the fleet, generating long-term value for our partners and shareholders.”
The semi-submersible drilling rig BORGLAND DOLPHIN is currently warm stacked in Las Palmas, where the remaining special periodic survey will be completed.