CATEGORIZED | News

Borgholm Dolphin receives new contract

Posted on 24 June 2010

Borgholm Dolphin receives new nine-month contract with BP Exploration that will start later this year.

The Borgholm Dolphin receives new nine-month contract with BP Exploration that will start later this year.

Dolphin Drilling has entered into a contract for the provision of the accommodation semisubmersible Borgholm Dolphin with BP Exploration.

The nine-month contract will commence in the first quarter of 2011. The semisubmersible will support operations on the Andrew field in the UK sector. Estimated contract value is US$55 million. BP has a total option period under the contract of four months. If BP exercises all options, the contract value will increase to roughly US$79.5 million.

Leave a Reply

*

FEATURED MICROSITES


Recent Drilling News

  • 17 December 2014

    Saudi Aramco: Four factors for a sustainable drilling business

    Despite the modest growth in demand and drop in oil prices today, the long-term outlook for industry is healthy. “Our industry will need to add around 40 million bbl per day for new capacity...

  • 16 December 2014

    Ensco development program produces driller in 3 years

    Ensco’s Accelerated Development Program (ADP) takes a “green” individual and, within a three-year period, trains them to become a driller. In response to personnel shortages in various areas, including drilling...

  • 16 December 2014

    Saudi Aramco: ‘Industry cannot afford to lose talent when the economy is down’

    Industry is facing a human resources challenge in two areas: the ageing workforce and the shortage of skills, Mohammed Al Sellemi...

  • 16 December 2014

    Nanotechnology has potential to improve tool performance in extreme environments

    In terms of temperature stability and corrosion, tools have limitations, especially in extremely challenging drilling environments. Jothibasu Ramasamy...

  • 16 December 2014

    Colville: WCI provides forum to evaluate practical, economical advances in well control practices

    Major players throughout industry are joining forces under the Well Control Institute (WCI). The mandate of WCI is “to provide the definitive forum...

  • Read more news