Sanctions will not affect Dolphin’s seismic ops in Kara Sea

  • Business & Finance

Dolphin Group ASA 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.

Sanctions will not affect Dolphin seismic ops in Kara Sea

Atle Jacobsen, Dolphin CEO, quoted: “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.”

To remind, Dolphin has recently been awarded a contract by an undisclosed client for an industry first ever 16-streamer 3D seismic contract in the Kara Sea, offshore Russia.

Related: 

Three Russian energy firms hit by new sanctions

Norway backs EU sanctions against Russia

Press Release, September 19, 2014
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