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Bankruptcy proceedings - Dolphin Drilling ASA

06/27/2019
Bankruptcy proceedings - Dolphin Drilling ASA

Bankruptcy proceedings against Dolphin Drilling ASA (formerly Fred. Olsen Energy ASA) were initiated on 26 June 2019. Håvard Wiker is appointed as administrator of the estate.

Dolphin Drilling ASA has been the parent company of the Dolphin Drilling Group, which has performed drilling services in the oil & offshore market. In addition, the Group has indirectly controlled the shipyard Harland & Wolff based in Belfast, Northern Ireland. At the opening of the proceedings, the Group had a total of about 470 employees, including employees at the shipyard, allocated to different employers and jurisdictions in the corporate group structure.