DOLPHIN FRAME AGREEMENT WITH OMV PETROM ROMANIA

Dolphin Geophysical has a framework agreement for Offshore Marine Services with OMV Petrom SA in Romania. It was declared and acknowledged by both parties recently, that following awards elsewhere, the Dolphin vessels offered for the work in Romania were unavailable for OMV Petrom surveys this quarter. However, Dolphin look forward to future  opportunities  within the scope of the framework agreement between the two companies.

For further information, please contact:

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

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

Dolphin Group ASA

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).