Dolphin takes on Transocean rigs amid “strong interest” in North Sea
Dolphin Drilling announced the official transfer of two Transocean rigs bought last year as it looks to meet rising demand in the UK North Sea.
Dolphin Drilling announced the official transfer of two Transocean rigs bought last year as it looks to meet rising demand in the UK North Sea.
Dolphin Drilling (OSLO: DDRIL) has said two North Sea rigs will join its growing fleet in the first quarter of next year.
Dolphin Drilling reported surging revenues in the second quarter while it bids for more work for stacked rigs and awaits the handover of two units acquired from Transocean.
Dolphin Drilling is contemplating a private share placing in order to finance the $60m deal.
Shares in Hurricane Energy slid on Monday despite the company confirming oil at a field west of Shetland.
Drilling has begun on Warwick West, the third in a three well campaign west of Shetland for Hurricane Energy and partner Spirit Energy.
Exploration firm Hurricane Energy has officially confirmed the discovery of "light oil" at its West of Shetland Lincoln Crestal well.
Hurricane Energy has announced its highly anticipated Warwick Deep well has not encountered commercial rates of oil and gas.
After weeks of delays, the Transocean Leader rig is now heading to the Greater Warwick Area (GWA) west of Shetland for Spirit Energy.
Spirit Energy’s three-well drilling campaign at the Greater Warwick Area west of Shetland has been knocked back by weeks.