Dolphin Drilling AS announced a Letter of Intent (LOI) for a 500-day drilling campaign with an undisclosed operator in the UK. Borgland Dolphin Drilling has signed an LOI for a 500- day drilling campaign in the UK for the semisubmersible rig Borgland Dolphin. The drilling campaign is planned to commence directly after the firm contract period with EnQuest Ltd, previously announced.

The contract value includes an upfront cash payment and a fixed dayrate. With this announcement Borgland Dolphin has backlog throughout 2025 and 2026, plus further options with schedule flexibility.