Dolphin Drilling will establish its international headquarters in Aberdeen, showing its commitment to the North Sea at a time of increasing optimism for the drilling industry, the offshore drilling contractor announced on Friday.The company…
Norwegian oil and gas rig operator Dolphin Drilling filed for bankruptcy on Wednesday, leading creditors to seize its key assets in a restructuring that will see the company maintain operations.Formerly known as Fred. Olsen Energy, Dolphin Drilling…
Norwegian offshore driller Dolphin Drilling announced Tuesday that it has terminated its top brass, including its CEO and CFO, amid ongoing restructuring efforts.The secured lenders have communicated that the new company's new CEO will be Bjørnar…
Rising oil prices are proving the fountain of youth for aging rig fleets, and the resultant surge in rig relevance is stirring financiers to find new ways of hanging on to rig revenues.There’s no better example of the new finance fondness for…
Søren Kringelholt Nielsen has been appointed as the new CEO of Svanehøj Group, a Danish designer and manufacturer of specialized deep well and in-line pumps for the marine and oil and gas industries.The new cheif executive comes to Svanehøj from Hydratech Industries…
Norwegian drillship and rig operator Fred. Olsen Energy, proposes to sell one of its drilling units and to issue $130-140 million in new equity to pay off debt, as part of a refinancing plan published on Tuesday.The proposal includes issuing about $90 million in new loan capital…
US Independent Anadarko Petroleum has terminated its contract with Dolphin Drilling's Bolette Dolphin drillship, the drilling contractor announced on 2 July. Dolphin, a subsidiary of Fred. Olsen Energy, said the termination will be effective at the end of August 2017…
Norway’s Petroleum Safety Authority (PSA) has given Statoil consent to use the Bideford Dolphin for drilling and completing well 34/7-A-10 at the Snorre field in the North Sea. Drilling is scheduled to begin on 7 July and last 110 days…
Dolphin Drilling, a subsidiary of Fred. Olsen Energy, signed an estimated US$8.6 million one-well contract extension, including one optional well, with Statoil for use of the Bideford Dolphin semisubmersible drilling rig for operation on the Norwegian Continental Shelf…
Dolphin Drilling has agreed to an extension of its current contract with Chevron North Sea for the semisubmersible Blackford Dolphin in a US$2.6 million deal. The extension covers ongoing operations with Chevron beyond early February…
Dolphin Drilling, a subsidiary of Fred. Olsen Energy, has entered into a US$6.1 million one-well contract extension with Statoil for use of the Bideford Dolphin semisubmersible drilling rig. on the Norwegian Continental Shelf. The vessel…
Norwegian geoscience firm Spectrum has entered into an agreement with the administrator of the Dolphin estate to acquire the multi client 2D survey in Brazil Santos Campos and the 3D survey in Lebanon. The Norwegian entities of Dolphin…
Dolphin Drilling and Total E&P UK entered into an early termination agreement that will move the Borgsten Dolphin support vessel to the cold stack list. Dolphin Drilling, a subsidiary of Fred. Olsen Energy (FOE), said the tender for support…
Bollsta Dolphin, Fred. Olsen Energy and Hyundai Heavy Industries have resolved their dispute and differences relating to the newbuilding contract for the semisubmersible drilling rig Bollsta Dolphin. Ownership of the platform will be retained by HHI…
Tullow Oil Norge failed to find any hydrocarbons at the Rome prospect in the Central North Sea, and will now plug and abandon exploration well 16/5-6 in production licence PL776. The well was drilled to a total vertical depth of 2319m…
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