Fossil Energy – Drilling
Dolphin Drilling announced that an undisclosed party has signed a letter of intent for a contract for the rig Borgland Dolphin.
The potential contract would be expected to have a value of approximately USD 58 million.
The scheduled commencement would take place in the second half of 2026, and include payments for preparation for operation, mobilisation, and demobilisation.
Discussions between the parties are still ongoing, and there can be no certainty as to whether the potential contract will be entered into.
