Blackford Dolphin rig wins drilling contract with Oil India

Isbel Lazaro, March 18, 2024. On March 15, it was announced that Dolphin Drilling, an offshore drilling contractor, has been awarded a drilling contract valued at $154 million with Oil India. This is intended for use with the Blackford Dolphin platform.

Isbel Lázaro.

Published: March 18, 2024

Share on social networks

On March 15, it was announced that Dolphin Drilling, an offshore drilling contractor, will offshore drilling contractor has been awarded a drilling contract valued at US$154 million with Oil India. This is intended for use with the Blackford Dolphin platform.

Under the terms set forth in the definitive contract, Dolphin Drilling will deploy the Blackford Dolphin semi-submersible drilling rig to support Oil India’s exploration and development activities, with operations expected to commence in the second half of 2024.

This agreement is a follow-up to the Letter of Award that Dolphin Drilling signed with Oil India in October 2023.

It may interest you

• CA Auto Bank and GAC Motor will strengthen the European automotive market in 2025

• Extinct volcanoes may hold the keys to obtaining rare earths

Blackford Dolphin rig drilling operations

The contract covers a three-well drilling campaign with a firm duration of 14 months, representing a firm value of $154 million for the rig and associated services, plus an optional seven-month period.

Bjørnar Iversen, CEO of Dolphin Drilling, expressed his enthusiasm for having been selected by Oil India Ltd for this significant drilling contract. “This partnership demonstrates our track record of operational excellence, safety and reliability. We look forward to applying our expertise to support Oil India’s objectives and contribute to the success of its projects.“, he stated.

More details about Blackford Dolphin

It is important to note that the Blackford Dolphin platform, built in 1974 and undergoing major upgrades in 2008, is capable of operating in water depths of up to 1,829 meters and reaching maximum drilling depths of 9,144 meters.

The award of the drilling contract to Dolphin Drilling by Oil India not only reinforces Dolphin Drilling’s position as a leader in the offshore drilling sector, but also underscores the growing demand for deepwater exploration and development. This contract could mark the beginning of a new era of drilling projects more efficient and technologically more efficient and technologically advanced drilling projects, boosting exploration for deepwater energy resources.

Don’t miss any of our posts and follow us on social media!

Inspenet.com YouTube LinkedIn Facebook Instagram

Source: oedigital.com

Photo: shutterstock