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Dolphin strikes $436M deal for semi

Published May 14, 2007

Borgny Dolphin
courtesy Fred Olsen Energy

Fred Olsen Energy business, Dolphin Drilling, has cut a tentative, five-year, $436-million deal for the semi-submersible Borgny Dolphin.

The rig could earn 15 percent of the day rate as a bonus under unspecifiefd contract incentives.

While the contract appears to be for Pemex in the Gulf of Mexico, Dolphin Drilling could not be reached for confirmation.

 

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