Dolphin Drilling clinches new rig deal in Mexico worth $83 million

Offshore drilling contractor Dolphin Drilling has been awarded an $83 million worth contract with Mexican operator Pemex.

Dolphin Drilling said on Tuesday that the deal will see its Blackford Dolphin rig utilised in Mexico for the duration of the work.

Drilling operations are expected to last around 15 months.

The Blackford Dolphin is currently being prepared for the journey from the North Sea to Mexico ahead of the beginning of operations in October.

Bjørnar Iversen, CEO of Dolphin Drilling, said: “Our ability to mobilise the asset quickly and our excellent operational and safety performance were key to us winning the contract. Blackford Dolphin is one of the most efficient moored semi-submersibles on the market, providing a reduction of the CO2 emissions associated with drilling due to its low fuel consumption and high drilling performance.

“Our alliance with Pemex demonstrates how we can add value to operators located anywhere in the world, and I am looking forward to us continuing our global growth in the years to come, and see Mexico as a strategically important market for our moored semi-submersibles”.

The Blackford Dolphin is a semi-submersible drilling rig of an Enhanced Aker H-3 design built in 1974.

Header photo by SP Mac – shared with permission from the photographer