Dolphin Drilling has received a suspension notice from Statoil for the Bideford Dolphin rig.
Fred Olsen Energy, a subsidiary of Dolphin Drilling, said the rig will be suspended upon completion of the current well which is estimated to be June 2016.
The work is expected to resume by the beginning of October this year.
The rig will receive a suspension rate equal to 80% of operation rate during the suspension period.