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Bolette Dolphin Contract Terminated for Convenience


Published Jul 3, 2017
Bolette Dolphin-2
Bolette Dolphin (photo: Dolphin Drilling)

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has received a termination for convenience notice from Anadarko Petroleum Corporation for the contract for the drilling unit Bolette Dolphin.

The termination will be effective at end August 2017. The termination fee will be approximately USD 96 million as per contract.

Tags: Anadarko Petroleum Corporation, Dolphin Drilling Ltd, Fred. Olsen Energy ASA




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