“The termination will be effective at end-August 2017. The termination fee will be approximately $96m as per contract,” Dolphin Drilling stated. The reasons for the termination were not disclosed.
The drillship is the Bolette Dolphin, built in 2014 by South Korea’s Hyundai Heavy Industries.
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.