Dolphin Drilling pens $83 million contract with PEMEX

Wednesday, September 2 2020

Dolphin Drilling announced it has signed an US$83 million contract with PEMEX.

The deal will see the North Sea drilling pioneer’s Blackford Dolphin rig utilised in Mexico for the duration of the work, which is 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 commencement 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 semisubmersibles on the market, providing a reduction of the CO2 emissions associated with drilling due 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.”