Offshore drilling contractor Dolphin Drilling has decided to sell one of its semi-submersible rigs for scrap to enhance its fleet.
Dolphin Drilling’s strategic decision to scrap the Bideford Dolphin rig comes shortly after the company expanded its rig fleet with two semi-submersible rigs acquired from Transocean.
The offshore drilling player claims that its decision to dispose of this semi-submersible rig aligns with its ongoing efforts to optimize its fleet and enhance operational efficiency.
“The rig will be sold and scrapped in a responsible manner in accordance with applicable international standards,” highlighted Dolphin Drilling.
The 1975-built Bideford Dolphin rig had an upgrade in 1999. With a maximum drilling depth of 21,325 ft (6,500 m), the rig is capable of operating in water depths of 1,476 ft (450 m).
Aside from the Paul B. Loyd Jr. and Transocean Leader rigs, which were bought from Transocean, Dolphin Drilling has two enhanced Aker H3 units: Borgland Dolphin and Blackford Dolphin .
Recently, the company received a formal notice of legal action from Peak Petroleum, disputing the termination of the Blackford Dolphin contract.
Dolphin Drilling also won a long-term contract for the Borgland Dolphin semi-submersible rig with EnQuest in the UK.
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