Dolphin Cleared for Russian Gig

Dolphin has received confirmation from the Export Control Division of the Norwegian Foreign Department that the recently announced contract in the Kara Sea is not subject to the current trade restrictive measures against Russia.

Atle Jacobsen, Dolphin CEO, stated: “Dolphin is extremely appreciative of the prompt reply and clear guidance from the Norwegian Authorities on this difficult matter. This ruling paves the way for us to continue to provide our powerful solutions to the increasingly important high-end Russian marine seismic market.”

Earlier this month, Dolphin scored an industry first ever 16 streamer 3D seismic contract for an undisclosed client in the Kara Sea. The contract has a duration of approximately 3 months and will begin in Q2 of 2015.

Dolphin will utilise one of the high capacity ice classed 3D seismic vessels for the survey and fully take advantage of its wide-tow and powerful solution capabilities towing a large 16 streamer configuration with 100 meters seperation, which will enable Dolphin’s client to acquire a large seismic program in a short time frame.

September 19, 2014