Belford Dolphin Wins Three Year Commitment for $575 Million

Dolphin Drilling Ltd., a subsidiary of Fred.Olsen Energy ASA, has received a confirmation of a further three year commitment for the drillship Belford Dolphin. The award, which is subject to final agreement, will follow in direct continuation from the rig's present contract with Anadarko which expires in April 2010. The estimated contract value is US $575 million.
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