Pemex awards contract to Norwegian driller - August 17, 2003

Providing coverage of Alaska and northern Canada's oil and gas industryAugust 2003

Vol. 8, No. 33

Week of August 17, 2003

Pemex awards contract to Norwegian driller

Gary Park

Petroleum News Calgary correspondent

State-owned Pemex has opened its doors a shade more by awarding an offshore drilling contract to Dolphin Drilling, a subsidiary of Norwegian contractor Fred Olsen Energy.

Fred Olsen said two semi-submersible drilling units will be moved from the North Sea this fall — Borgny Dolphin to launch a four-year contract in January 2004 and Bulford Dolphin to start a two-year deal in February 2004.

The combined contract value for the two rigs is $126 million, including mobilization and demobilization fees, Fred Olsen said.

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