Dolphin Drilling secures North Sea deal with Wellesley Petroleum AS

Source: press release, 26 February 2020

Dolphin Drilling Chief Executive Officer Bjørnar Iversen
Dolphin Drilling Chief Executive Officer Bjørnar Iversen (photo: Dolphin Drilling)

Global contractor Dolphin Drilling has announced it has secured a one well plus one optional well with Wellesley Petroleum AS for a programme of drilling work on the Norwegian Continental Shelf.

Bjørnar Iversen, chief executive of Dolphin Drilling, says, “This agreement further strengthens our operational backlog in Norway and builds on the resurgence of Dolphin.”

“Dolphin Drilling is a pioneer in North Sea drilling and continues to be one of the leading contractors in the industry, and this contract aligns to our strategic intent of building a significant presence in the region. I am positive the announcement of this deal will be the first of many in the months ahead.,” Iversen adds.

Callum Smyth, operations manager at Wellesley Petroleum AS, says, “When we went to the market for a rig for our 2020 well activities, we put a lot of weighting on selecting a drilling contractor with the right culture. The Dolphin Drilling team were able to demonstrate exactly the kind of culture that we want with a track record of teamwork, ownership and experience with operators like Wellesley Petroleum AS.”

The work between Dolphin Drilling and Wellesley Petroleum AS is scheduled to begin in the Norwegian Continental Shelf in August 2020.