Offshore Energy
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
  • More news
JobsNewsletter
Offshore Energy logo
Topics
  • Fossil Energy
  • Subsea
  • Alternative Fuels
  • Hydrogen
  • Marine Energy
Network
  • Offshore Energy
  • Offshore Wind
  • NavalToday
  • Dredging Today
Company
  • Advertising
  • Newsletter
  • Jobs
  • Report your news
  • Privacy

© 2026 Navingo. All rights reserved.

Home›Fossil Energy›Dolphin Drilling’s 35-year-old rig returning to its North Sea gig
Fossil Energy

September 23, 2025 · about 11 months ago

Dolphin Drilling’s 35-year-old rig returning to its North Sea gig

Scotland-headquartered offshore drilling contractor Dolphin Drilling has confirmed the return of a 1990-built semi-submersible rig, which it acquired from Transocean, to the North Sea, where it will resume its assignment in UK waters.

1 minutes read
  • LinkedIn
  • X
  • Email
Paul B Lloyd Jr. rig; Source: Dolphin Drilling
Paul B Lloyd Jr. rig; Source: Dolphin Drilling

Scotland-headquartered offshore drilling contractor Dolphin Drilling has confirmed the return of a 1990-built semi-submersible rig, which it acquired from Transocean, to the North Sea, where it will resume its assignment in UK waters.

The Paul B. Loyd Jr. (PBLJ) rig, which joined Dolphin’s fleet in 2024 after leaving Transocean’s rig fleet, has completed its five-year special periodic survey (SPS) in Ølen, Norway.

The rig owner claims that the mobile offshore drilling unit (MODU) will now go back to the UK North Sea to continue operations with Harbour Energy .

Previously, the rig finished the Brodgar well, delivered two appraisal wells, and a development well before being moored up at the Caledonia field to undertake permanent plug and abandonment (P&A) operations.

While the North Sea operator has booked the rig through to February 2028, the company also has another five one-year extension options at its disposal to prolong the semi-submersible’s stay.

With an enhanced Aker H-4.2 design, the mid-water harsh-environment rig, which is capable of operating at a maximum water depth of 600 meters, entered service in 1990 after being built by Hyundai Heavy Industries in South Korea.

Recently, Dolphin Drilling obtained a letter of intent for another rig, which could bring approximately $58 million for an assignment that would begin in the second half of 2026.

Reach the Offshore Energy industry in one go!

Offshore Energy is read by thousands of professionals every day.

Increase your visibility with banners, tell your story with a branded article, and showcase your expertise with a full-page company profile in our business directory.

CONTACT

Follow Offshore Energy on:

Filed under

Fossil EnergyOil & GasRigsBusiness & FinanceBusiness Developments & ProjectsExploration & ProductionOperations & Maintenance

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Trending Now

  1. 1SED Energy Holdings and Ventura Offshore to unite into one
  2. 2New Boskalis rock installation vessel starts work offshore Poland
  3. 321 companies apply for Norway’s new oil & gas exploration areas
  4. 4Spanish shipyard launches its largest-ever vessel, built for Østensjø Rederi

Home of Energy Transition

Join thousands of industry professionals who start their day with our newsletter.

Subscribe free