Dolphin's new 3D seismic vessel, Polar Empress, fully operational in the Barents Sea

Dolphin is pleased to announce that the newly delivered high-capacity 3D seismic vessel, Polar Empress, is in full production towing 14 streamers on the Maud Extension Multi-Client survey in the Barents Sea. The vessel will in end of June mobilise for an exclusive contract with duration in excess of three months.

The special purpose built seismic vessel, Polar Empress, is one of the most advanced vessel in the industry today. The vessel has a capacity to operate up to 22 seismic streamers, a total installed engine capacity of 22800 KW, a bollard pull in excess of 275 tons and a top transit speed in excess of 20 knots.

Dolphin`s CEO, Atle Jacobsen commented;

"The new high capacity vessel, Polar Empress, is the last high end vessel in a series of 6 , rigged and delivered according to our business plan over the last 4 years. She will be one of the most advanced and powerful seismic vessels in the world, fully equipped with Schlumberger's proven Q Marine single sensor systems, coupled with Dolphin's towing and handling solutions. Polar Empress will provide our clients with even more cost efficient and larger configurations than what is common in the seismic industry today.

We are proud to yet again demonstrate our organisation's ability to efficiently take a high-end vessel straight into production towing a 14 streamer configuration, with transit, shakedown and mobilisation in less than 2 weeks following delivery from Kleven yard in Norway. We expect the same excellent operational performance from the Polar Empress as delivered to client from the rest of Dolphin's high end powerful fleet."

For further information, please contact:

Atle Jacobsen, CEO
Mobile: +47 97 71 53 36
E-mail: atle.jacobsen@dolphingeo.com

Erik Hokholt, CFO
Mobile: +47 90 75 60 64
E-mail: erik.hokholt@dolphingeo.com

Dolphin Group ASA
Helsfyr Atrium
Innspurten 15
0663 OSLO

Phone: +47 22 07 15 30
Fax: +47 22 07 15 31

www.dolphingeo.com

Dolphin Group ASA is the Parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine Geophysical services. Dolphin operates a fleet of new generation, high-capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis.

Dolphin Group ASA is listed at Oslo Stock Exchange
(OSE ticker: DOLP).

About Us

Dolphin Group ASA is the Parent company of Dolphin Geophysical AS, a global full-range, asset light supplier of marine Geophysical services. Dolphin operates a fleet of new generation, high-capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on a worldwide basis. Dolphin Group ASA is listed at Oslo Stock Exchange (OSE ticker: DOLP).