Dolphin Drilling Wins Letter of Award for Offshore Drilling Project in India

Bartolomej Tomic
Thursday, October 19, 2023

Offshore drilling contractor Dolphin Drilling said Thursday it had received a Letter of Award (LOA) for a drilling campaign from Oil India Limited for a 14-month firm period, with another 7-month extension option.

This follows Dolphin Drilling's mid-September announcement, which said it had been the lowest bidder in the Oil India offshore drilling rig tender.

Dolphin Drilling said at the time that the Borgland Dolphin semi-submersible drilling rig was the rig bid by Dolphin Drilling for the rig tender and that, subject to final award the contract start-up for the drilling campaign to start in Q3 2024.

In a statement on Thursday announcing the LOA award, Dolphin Drilling said the LOA is "subject to signed final contract."

No information was shared on the contract value.

For what is worth, Oil India Limited said Monday that the company's board had approved a charter hire of one anchor moored drillship or semi-submersible drilling unit with associated equipment and services at a total estimated cost of Rs.1282.55 crore [excluding GST]."

Converted to U.S. dollars, Rs. 1282.55 is currently worth around $154 million.

Categories: Drilling Asia Drilling Rigs

Related Stories

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

China Starts Production at Major Oil Field in Bohai Sea

One Shelf Drilling Rig Up for New Job in India, Other for Disposal

PTTEP Hires Velesto’s Jack-Up Rig for Drilling Campaign off Malaysia

Chuditch Gas Field Drilling Ops Get Delayed to Next Year

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Velesto’s Jack-Up Rig Up for Drilling Job Offshore Vietnam

Chuditch Gas Field Up for Summer Drilling Ops as Sunda Reshapes Ownership Structure

CNOOC Puts Into Production New Oil Field in South China Sea

Sunda Energy Starts Environmental Consultation for Chuditch-2 Well Drilling Plans

Current News

Sapura Energy Rebrands to Vantris Energy

BP, ONGC, Reliance Industries Ink Deal for Offshore Exploration in India

Allseas-Boskalis Consortium Bags $1.4B Offshore Gas Pipeline Job in Taiwan

CNOOC Brings New Offshore Gas Field On Stream

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

PTTEP Buys Chevron's Hess Unit Share of Southeast Asia’s Offshore Block for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com