BG International Signs $65 Million UK North Sea Contract for the Borgholm Dolphin

Borgholm Dolphin storm
Borgholm Dolphin, image courtesy Dolphin Drilling

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, announced today they have entered into a contract with BG International Ltd for the provision of the accommodation semi-submersible Borgholm Dolphin for a nine month period commencing 1st of August 2014 supporting operations in the UK sector.

The estimated contract value is approximately USD $65.5 million. An option exists for a 45 days contract extension.