Dolphin Drilling lands LOI for Borgland Dolphin semisub

Dolphin Drilling signed a letter of intent for a contract for the semisubmersible Borgland Dolphin. The undisclosed client’s contract is valued at approximately $230 million and is scheduled to begin in the second half of 2027, in direct continuation following the rig’s release from an existing contract with Repsol. The firm term runs through October …

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