Dolphin Drilling

Dolphin Drilling Holdings Limited is an offshore drilling rig company headquartered in Aberdeen, Scotland, United Kingdom with its main subsidiary Dolphin Drilling AS located in Sandnes, Norway. Until 2019, Dolphin Drilling had its headquarters in Oslo, Norway.

Not to be confused with Dolphin Energy.
Dolphin Drilling Holdings Limited
TypePrivately held company
IndustryOffshore services
Founded1965 (1965)
Headquarters
Aberdeen
,
Scotland, United Kingdom
Key people
Jørgen Peter Rasmussen (Chairman)
Bjørnar Iversen (CEO)
ServicesOffshore drilling
Marine engineering
ParentSVP Global
Websitedolphindrilling.no

The company offers services for the offshore industry within offshore drilling.

History

In 1965, A/S Aker Drilling Company Ltd. (Dolphin Drilling) was established. In 1976, Fred. Olsen & Co. acquired Aker Drilling Services, and renamed it Dolphin Services A/S.

In 1997, based on Dolphin Services A/S, the Fred. Olsen Energy ASA was formed. The company was listed on Oslo Stock Exchange with the tickers FOE and later DDASA. In 1998, its remotely operated vehicle division was sold to Stolt Comex Seaways (now Subsea 7). In 2003, Dolphin Well Services AS was sold to PSL Energy Services Limited.

Fred. Olsen Energy ASA was renamed to Dolphin Drilling ASA in December 2018. In June 2019, Dolphin Drilling filed for bankruptcy. The main shareholders that time were the companies Bonheur and Ganger Rolf ASA, controlled by the Olsen family. A debt investor SVP Global acquired more than 90% of the company's debts and transferred its operating subsidiaries to a new Jersey-registered holding company, Dolphin Drilling Holdings Limited.[1][2][3] Shortly afterwards, the international headquarters of the company were moved to Aberdeen.[4]

Fleet

Fleet owned and operated:

  • 1 deepwater drilling rig Blackford Dolphin - 7 000 ft water depth
  • 2 Mid water semi submersible drilling rigs, Borgland Dolphin and Bideford Dolphin
  • 1 ultradeepwater drillship – 10 000 ft water depth, Bolette Dolphin

References
  1. McCormick, Myles (2019-06-26). "Norway's Dolphin Drilling files for bankruptcy". Financial Times. Retrieved 2020-05-04.
  2. McPhee, David (2019-06-27). "Dolphin Drilling files for bankruptcy, creates new holding company". Energy Voice. Retrieved 2020-05-04.
  3. Solsvik, Terje (2019-06-26). "Dolphin Drilling Declares Bankruptcy". Offshore Engineer. Retrieved 2020-05-04.
  4. Thomas, Allister (2019-09-06). "Dolphin Drilling hails 'rebirth' establishing Aberdeen as international HQ". Energy Voice. Retrieved 2020-05-04.
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