Borgsten Dolphin Receives Contract Extension
Fred Olsen Energy
|Monday, May 07, 2001
Fred Olsen Energy ASA has reached an agreement with Kerr-McGee for a contract extension of the semisubmersible Borgsten Dolphin on the UK Continental shelf. The extension is from mid August in direct continuation from the rig's current workscope and has a period of approximately six months. The value of the contract extension is approximately GBP 9.8 million.