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Home ›› Regulations Compliance ›› Product Standards ›› Dolphin Drilling Secures $240M UK Rig Contract

Dolphin Drilling Secures $240M UK Rig Contract

Dolphin Drilling has secured a $240 million contract for its Borgland Dolphin rig in the UK, enhancing its backlog to $602 million. The deal ensures long-term earnings visibility through 2031.

iG
iGEN Editorial
June 4, 2026
Dolphin Drilling Secures $240M UK Rig Contract

Executive Summary

Norwegian offshore rig owner Dolphin Drilling has formalised a long-term contract for its Borgland Dolphin semi-submersible drilling rig. The formal contract with an undisclosed operator in the UK follows a letter of intent signed in mid-April. The deal for the rig will add around $239m in firm contract backlog and is scheduled to commence in the second half of 2027, in direct continuation following the rig’s release from its existing contract. The firm term runs through to the expiry of the rig’s current specia

Source Coverage

Source Headline Published At
Splash247 Maritime Dolphin Drilling secures $240m deal for semisub rig - Splash247 2026-06-03 00:00:00+00:00
Engadget – Main Feed Nintendo will pay a $40 million fine for faulty Joy-Cons - Engadget 2026-06-08 00:00:00+00:00

Timeline

  • 2026-06-03 00:00:00+00:00: Dolphin Drilling secures $240m deal for semisub rig - Splash247 (via Splash247 Maritime)
  • 2026-06-08 00:00:00+00:00: Nintendo will pay a $40 million fine for faulty Joy-Cons - Engadget (via Engadget – Main Feed)

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