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Fred Olsen Energy ASA Receives Contract Extension for Borgland Dolphin


Wednesday, 3 Apr 2013 02:50am EDT 

Fred Olsen Energy ASA announced with reference to the announcement from September 17, 2012 that the contract has been extended from a 15-well drilling contract to an 18-well drilling contract. The new estimated duration for the drilling program is three and a half years for the semi-submersible drilling rig Borgland Dolphin. The new estimated contract value is approximately USD 663 million. 

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