AGR group agrees to long-term rig hire offshore Norway

Offshore staff

OSLO, Norway – Dolphin Drilling has a letter of award from an AGR-coordinated quartet of oil companies for the provision of the semisubmersible Bredford Dolphin for an eight-well campaign offshore Norway. Estimated duration is 570 days.

The program is due to start in direct continuation of a current contract. The operators have the right to extend the contract period with four additional wells by June 30, 2013.

Contract value for the firm period is about $252 million.

9/25/2012

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