Dolphin Drilling AS – Update on Blackford Dolphin
(Oslo, 22 July 2024) Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL) refers to the 1 July 2024 announcement regarding the submission of a bank guarantee in relation to the on going arbitration process with GHL. Dolphin Drilling today confirms the previously submitted USD 20 million bank guarantee has been discharged and is no longer in effect. The Blackford Dolphin is confirmed to have left Nigerian waters on 1 July 2024 and continues on transit for her next contract in India. Dolphin Drilling will continue to update the market on material developments as they occur. ENDS