Dolphin Group ASA, a parent company of Dolphin Geophysical AS, and a global full-range, asset light supplier of marine geophysical services announced revenues of USD 101.0 million, compared to USD 68.4 million in Q2 2013.
Quarterly highlights include :
Q2 2014 SUBSEQUENT EVENTS :
Atle Jacobsen, Dolphin Group CEO , commented:
“The second quarter has been the most eventful quarter in the history of the company, with significant challenges to our entire organisation, both onshore and offshore. Thanks to a solid contribution from all employees, we have successfully launched two new high-capacity vessels into production, continued our regional expansion and, at the same time, have rapidly grown our Processing and Imaging business.
“We have stuck to our longer-term strategy, so it’s very satisfying that we have achieved historically high quarterly revenues of more than USD 100 million. In an increasingly competitive market, our clients are awarding Dolphin large contracts based on our strong operational track record utilising a modern high-end fleet. A record high backlog that exceeds USD 300 million provides a strong foundation for maximising our vessel utilisation for 2014 and the first half of 2015.”
Press Release, August 20, 2014