DOLPHIN UPDATE

Preliminary reports from the inspection of the anchoring lines that came loose in the storm conditions earlier this week show that the failure was not caused by the anchoring equipment belonging to the rig. All three lines broke in or at wire inserts supplied by Norsk Hydro. The five anchor lines that maintained the rig in stable condition after the anchor line failures consisted of the rigs own anchor chain only. Therefore, the Bideford Dolphin will remain under contract to Norsk Hydro.
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