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Hurricane Exploration awards West of Shetland drilling contract to Borgsten Dolphin


Published Jan 25, 2010
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Borgsten Dolphin

Dolphin Drilling Ltd, a subsidiary of Fred. Olsen Energy ASA, has entered into a Letter of Intent with Hurricane Exploration for the provision of the semi-submersible Borgsten Dolphin for two wells in the UK sector, West of Shetland.

The contract is scheduled to commence around 1st May 2010 and will have a duration of around 75 days. Estimated contract value is approximately USD 19.6 million. The agreement remains subject to final contract execution.

Tags: Fred Olsen ASA



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