Dolphin Drilling AS - M&A Activity 2023

Dolphin Drilling AS: Announced as lowest bidder for drilling contract in India

Oslo, 14 September 2023

Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL), announced as lowest bidder

in Oil India rig tender for 14 months of firm contract + 7 months option

periods. Borgland Dolphin is the rig bid by Dolphin Drilling for this rig

tender. Contract negotiations will commence shortly. Subject to final award the

contract start up for the drilling campaign to commence in Q3 2024.

ENDS

For further information, please contact:

Ingolf Gillesdal, Corporate Finance and Investor Relations, tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com

Dolphin Drilling is a leading harsh environment drilling contractor for the

offshore oil and gas industry. Dolphin Drilling owns a fleet of three high

-technical standard 4th and 5th generation enhanced Aker H3 units, Borgland

Dolphin, Blackford Dolphin, and Bideford Dolphin, operated by an experienced

team with a strong operational track record. The company has offshore and

onshore employees, and onshore locations in Norway, Scotland, Brazil, and

Nigeria.

AI assistant