Fred Olsen Energy unit wins rig deal from unnamed client worth 436 mln usd |
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Published
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Mon, 14 May 2007 07:38
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OSLO (Thomson Financial) - Fred Olsen Energy ASA said its wholly owned subsidiary, Dolphin Drilling Ltd, has been awarded a five-year deal from an unnamed client for the provision of its semi-submersible rig, Borgny Dolphin, worth 436 mln usd.The contract value, the firm said, is inclusive of the mobilisation fee, while it said an additional bonus of up to 15 pct of the daily rate is also possible under the contract.The firm said mobilisation is scheduled for early 2008, when the rig's current deal with Pemex in Mexico expires.alastair.reed@thomson.comar/jsaCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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