Dolphin Drilling Awarded $60 Million Contract
London, October 08, 2025, (Oilandgaspress) –– – Dolphin Drilling AS announced the contract fixture of its semi-submersible drilling rig BORGLAND DOLPHIN to REPSOL, a major Spanish multinational energy and petrochemical company, which represents approximately USD 60 million in firm contract backlog, as referenced to in our announcement dated 2nd September 2025, regarding a Letter of Intent.
Dolphin will now work to mobilize the BORGLAND DOLPHIN, where it will commence well, plug and abandonment operations scheduled to commence late 2026. The contract provides for a firm 7-wells and spans a minimum 220 days, with an option available to extend for a further 3 wells.
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