Dolphin Drilling Finalizes Contract with BP for Byford Dolphin

In February 2009, Fred Olsen reported that the Byford Dolphin commenced a nine-month contract with Senergy in October 2008, which is estimated to end in July 2009.

In October 2008 a further three-year letter of award was entered into with BP for operation in the UK sector of the North Sea, resulting in the rig being committed to the first quarter 2013. The final contract has now been signed with BP Exploration Operating Company.

The Byford Dolphin semisub is scheduled to go through its five year class renewal survey in the fourth quarter 2009 / first quarter 2010.

The Byford Dolphin semisub is rated for waters reaching 1,500 feet deep and is capable of drilling to a depth of 20,000 feet.

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