Aberdeen-headquartered Dolphin Drilling (OSE:DDRIL) has announced its fourth quarter (Q4) results as the company's order backlog rises above $1.1 billion (£870m).
Dolphin Drilling announced the official transfer of two Transocean rigs bought last year as it looks to meet rising demand in the UK North Sea.
Legal expert says case has "far-reaching" implications and "would obviously benefit from a review by the highest court".
Dolphin Drilling has vowed to appeal.
Aberdeen-headquartered Dolphin Drilling (OSLO: DDRIL) has announced it has received $2 million in overdue payments from General Hydrocarbons Limited (GHL).
An Aberdeen oil rig firm has received notice of legal action over a cancelled contract and a dispute over payments.
The Norwegian drilling company flagged problems in Nigeria during its third quarter results, filed on November 28.
Dolphin Drilling (OSLO: DDRIL) has said two North Sea rigs will join its growing fleet in the first quarter of next year.
Comes as Dolphin Drilling is due to announce a new acquisition “in a matter of weeks”.
Dolphin Drilling has confirmed the award bid of a rig contract with Oil India, paving the way for redeployment of its Borgland Dolphin rig next year.
Dolphin Drilling reported surging revenues in the second quarter while it bids for more work for stacked rigs and awaits the handover of two units acquired from Transocean.
Dolphin Drilling is contemplating a private share placing in order to finance the $60m deal.
Once the Blackford Dolphin completes its work for General Hydrocarbons, it will stay in Nigeria for work with Peak Petroleum, at a higher day rate.
Dolphin Drilling said the minimum term contract carried an effective dayrate of $325,000 including mobilisation.
Energy Voice understands Dolphin Drilling is reconsidering plans to send its Borgland rig to the UK due to the windfall tax policy.
The Blackford Dolphin arrived in Las Palmas on November 24, 2022, following a delayed departure from Mexico and reduced transit speed.
A new event celebrating the connective power of the energy industry while also raising cash for a life-saving helicopter service took place in style on Saturday night.
As Ithaca Energy looks to make an Initial Public Offering (IPO) in London, we take a look at some of the other North Sea operators that have launched stocks recently.
Aberdeen-headquartered Dolphin Drilling (OL: DDRIL) has given a bullish outlook to its shareholders, highlighting that it expects UK North Sea project sanctions to exceed $10bn in 2023.
Today sees the launch of an Aberdeen event aimed at harnessing the connective power of the energy industry, while also raising cash for a life-saving helicopter service.
Energy Services company Dolphin Drilling has relocated its base in Aberdeen after deciding to outsource its warehousing.
Aberdeen-headquartered Dolphin Drilling has bagged a yearlong contract worth $96 million (£84m) for work offshore Africa.
After three years away, Dolphin Drilling has today returned to the capital markets, with a view to a public listing at the end of next month.
“Offshore drilling is coming back, big time,” Bjornar Iversen, chief executive of Dolphin Drilling, excitedly told a room of senior company figures, and myself, during a visit to the Borgland Dolphin rig in Norway last month.
SD Standard ETC is to acquire 25% of Aberdeenshire-headquartered Dolphin Drilling as part of a $10 million deal.