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Statoil Extends Bideford Dolphin Contract

Maritime Activity Reports, Inc.

April 9, 2017

 Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, has extended contract with Statoil for Bideford Dolphin.

"We have entered into a one well contract extension, including one optional well, with Statoil for use of the semi-submersible drilling rig Bideford Dolphin for operation on the Norwegian Continental Shelf, with commencement latest 31 July 2017," said a statement from the company.

 
The one-well program is estimated to take 50 days and estimated contract value is approximately USD 8.6 million.
 

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