Consortium Secures Borgland Dolphin for $775MM Offshore Norway

Borgland Dolphin
(Click to Enlarge)

Rocksource ASA announced on August 8th that the company had secured rig capacity by participating in a consortium of operators that had entered into a contract for the semisubmersible drilling rig Borgland Dolphin for operation on the Norwegian Continental Shelf (NCS). The final contract has now been signed by all parties.

The estimated contract value between Dolphin AS, a subsidiary of Fred Olsen Energy ASA, and the consortium is approximately US $775 million for a period of 4 years. Rocksource has secured a total of 92 days of the contract period.


For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Drilling Supervisor - Land
Expertise: Company Man|Drilling Consultant|Drilling Foreman / Drilling Supervisor
Location: Opportunities Throughout the Lower 48
Completions Supervisor
Expertise: Company Man|WellSite Supervisor|Workover or Completion
Location: Richmond, TX
Field Engineer-Wireline
Expertise: Drilling Foreman / Drilling Supervisor|Perforation
Location: Odessa, TX
search for more jobs

Brent Crude Oil : $50.47/BBL 0.98%
Light Crude Oil : $49.72/BBL 1.09%
Natural Gas : $2.76/MMBtu 1.09%
Updated in last 24 hours