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27 October 2026

Dolphin Drilling sells ageing semisub and eyes rig management tie-up

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Source reporting: Splash247

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Dolphin Drilling sells ageing semisub and eyes rig management tie-up

Norwegian offshore drilling contractor Dolphin Drilling has agreed to sell its Blackford Dolphin semisubmersible rig to Dubai-based SPM Energy Shipping for up to $25m, while establishing a potential partnership to manage drilling rigs in India and other markets. Under the agreement, Dolphin will receive $10m upon delivery, with the remaining $15m payable once SPM receives …

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