Ross Offshore, Det norske Sign Borgland Dolphin Agreement

Ross Offshore today announced a new contract award with Det norske oljeselskap. The new contract is in addition to the existing Frame Agreement between the companies.

The new contract is specified towards the exploration well PL 553 Kvitvola within the NCS 5 Consortium on Borgland Dolphin. Ross Offshore will perform Well Planning, Well Management and Single Consultancy Services. The Kvitvola well is planned to be drilled in Q3 2014, and the contract is effective as of December 16th 2013.

“Ross Offshore is pleased to be the partner of choice for a string of exploration wells where the quality, continuity and predictability plays a very important role. Our business relationship with Det norske is important to us, and we are pleased to win yet another contract with this important operator on the NCS. Ross Offshore already has a long and good working relationship with Det norske, and this contract will further strengthen the relationship between the two companies,” said Frode Losnedal, CEO at Ross Offshore AS.

Ross Offshore will support Det norske from its offices in Bergen, Norway.

[mappress]
December 19, 2013