Dolphin Drilling Holdings Limited is an offshore

drilling rig A drilling rig is an integrated system that drills wells, such as oil or water wells, or holes for piling and other construction purposes, into the earth's subsurface. Drilling rigs can be massive structures housing equipment used to drill wat ...

company headquartered in

Aberdeen Aberdeen (; sco, Aiberdeen ; gd, Obar Dheathain ; la, Aberdonia) is a city in North East Scotland, and is the third most populous city in the country. Aberdeen is one of Scotland's 32 local government council areas (as Aberdeen City), and ...

, Scotland, United Kingdom with its main subsidiary Dolphin Drilling AS located in

Sandnes Sandnes () is a city and municipality in Rogaland, Norway. It lies immediately south of Stavanger, the 4th largest city in Norway and together, the Stavanger/Sandnes area is the third-largest urban area in Norway. The urban city of Sandnes lies ...

, Norway. Until 2019, Dolphin Drilling had its headquarters in

Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of ...

, Norway. The company offers services for the offshore industry within offshore drilling.

History

In 1965, A/S Aker Drilling Company Ltd. (Dolphin Drilling) was established. In 1976, Fred. Olsen & Co. acquired Aker Drilling Services, and renamed it Dolphin Services A/S. In 1997, based on Dolphin Services A/S, the Fred. Olsen Energy ASA was formed. The company was listed on Oslo Stock Exchange with the tickers FOE and later DDASA. In 1998, its

remotely operated vehicle A remotely operated underwater vehicle (technically ROUV or just ROV) is a tethered underwater mobile device, commonly called ''underwater robot''. Definition This meaning is different from remote control vehicles operating on land or in the ai ...

division was sold to Stolt Comex Seaways (now

Subsea 7 Subsea 7 S.A. is a Luxembourgish-domiciled subsea engineering, construction and services company serving the offshore energy industry. The company is registered in Luxembourg with its headquarters in London. History The company was formed by the ...

). In 2003, Dolphin Well Services AS was sold to PSL Energy Services Limited. Fred. Olsen Energy ASA was renamed to Dolphin Drilling ASA in December 2018. In June 2019, Dolphin Drilling filed for bankruptcy. The main shareholders that time were the companies Bonheur and

Ganger Rolf ASA Ganger Rolf ASA was a Norway, Norwegian holding company for the Olsen family. The company was listed on the Oslo Stock Exchange and had ownership positions in numerous companies primarily within the energy and ship transport, shipping sectors, but ...

, controlled by the Olsen family. A debt investor SVP Global acquired more than 90% of the company's debts and transferred its operating subsidiaries to a new

Jersey Jersey ( , ; nrf, Jèrri, label=Jèrriais ), officially the Bailiwick of Jersey (french: Bailliage de Jersey, links=no; Jèrriais: ), is an island country and self-governing Crown Dependencies, Crown Dependency near the coast of north-west F ...

-registered holding company, Dolphin Drilling Holdings Limited. Shortly afterwards, the international headquarters of the company were moved to Aberdeen. In May 2022, it was announced that

Cyprus Cyprus ; tr, Kıbrıs (), officially the Republic of Cyprus,, , lit: Republic of Cyprus is an island country located south of the Anatolian Peninsula in the eastern Mediterranean Sea. Its continental position is disputed; while it is geo ...

-headquartered oilfield services company, SD Standard ETC had acquired a 25% stake in Dolphin Drilling, as part of a $10 million USD deal.

Fleet

Fleet owned and operated: *1

deepwater drilling Deepwater drilling, or deep well drilling, is the process of creating holes in the Earth's crust using a drilling rig for oil extraction under the deep sea. There are approximately 3400 deepwater wells in the Gulf of Mexico with depths greater th ...

rig Blackford Dolphin - 7 000 ft water depth *2 Mid water semi submersible drilling rigs, Borgland Dolphin and Bideford Dolphin

References

External links

* Drilling rig operators Service companies of Norway Service companies of Scotland Companies based in Aberdeen Business services companies established in 1965 Petroleum industry in Norway Oil and gas industry in Scotland Fred. Olsen & Co. Companies formerly listed on the Oslo Stock Exchange 1965 establishments in Scotland 1976 mergers and acquisitions {{Norway-company-stub