Dolphin Drilling AS – Update on Blackford Dolphin
(Oslo, 15 May 2024) Dolphin Drilling AS (Dolphin Drilling, OSE:DDRIL) refers to the 10 May 2024 announcement regarding the termination of the drilling contract with General Hydrocarbons Limited (GHL), and the request for arbitration to pursue the recovery of sums remaining due by GHL. The termination of the contract is disputed by GHL, which also made an application to the Nigerian courts for an interim injunction seeking to maintain status quo, pending the appointment of an arbitrator. GHL is portraited in Nigerian media to have been granted a permanent restraining order for the rig,