Offshore driller Dolphin Drilling has relocated its headquarters to Aberdeen, a move it says signals its commitment to the North Sea.
The move comes following significant investment from US-based private equity firm Strategic Value Partners, and at a time of increasing optimism in the sector according to Dolphin Drilling.
Dolphin Drilling terminated its management in May, and appointed Bjørnar Iversen as CEO as part of a financial restructuring which was completed in June.
Iversen, commenting on the move to Aberdeen, said: “We are a truly global company with a thriving, vibrant business and fantastic future ahead of us. We now have a UK parent company with strong operational bases in both Aberdeen and Stavanger, and have positioned ourselves to provide the very best quality of service to our clients at the best possible quality and price.
“The North Sea has always played a significant role in Dolphin Drilling’s history, which can be traced back to 1965 where we were one of the first drilling companies to operating in the deep water and harsh environments. We are net-debt free, with some very good rigs ready to go to work, with financial flexibility which allows us to focus on our clients.”
Dophin Drilling has a fleet of four semi-submersible rigs and a drillship.
