The first firm well is due to spud in the fall followed by a second next year. The contract carries options for two further wells in 2021.
Dolphin CEO Bjørnar Iversen said he was pleased that Wellesley “is showing responsibility by drilling on the NCS during this difficult time with coronavirus and low oil prices.
“I hope that oil companies with exploration campaigns or other drilling needs, see through the short-term market fluctuations and use this opportunity to use Borgland Dolphin to get their wells drilled in 2020 and 2021.”
