Chevron awards UK drilling contract to Fred Olsen Energy

12/20/2013

Chevron awards UK drilling contract to Fred Olsen Energy

ABERDEEN, United Kingdom -- Chevron North Sea Limited has awarded a new $245 million (£150 million) contract to Dolphin Drilling Limited, a subsidiary of Fred. Olsen Energy ASA, for a 20 month multi-well drilling and completion program across several of Chevron’s operations in the UK sector of the North Sea.

The contract is to provide drilling and completion operations using the semi-submersible rig, the Blackford Dolphin, and includes a rig refurbishment to upgrade the unit for North Sea activity work.

The drilling program is expected to commence in 2015 for an initial period of 572 days. Chevron has an option to extend the drilling program for a further one to two years.

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