Dolphin Drilling firms up $150m semisub deal with Harbour Energy

AI Summary

Dolphin Drilling has secured a long-term contract worth $150 million for its semisubmersible drilling rig in the North Sea. This deal, following a recent letter of intent, underscores the ongoing demand for offshore drilling capabilities in the region.

Norwegian offshore rig owner Dolphin Drilling has secured a new long-term contract with Harbour Energy for the semisubmersible drilling rig Paul B Loyd Jr in the UK sector of the North Sea. The contract will begin immediately after the expiry of the rig’s current firm term and follows the letter of intent announced in April. …