Hiring of Blackford Dolphin: Did Oil India pay too high a price for it ? – 28 Nov 2024

An offshore drillship is a costly business

Oil India Ltd hired the Blackford Dolphin semi-submersible drilling rig deployed in India under a contract valued at $154 million for a 14-month period, covering a three-well drilling campaign

Did it pay too high a price for it?

Also, the drilling rig is actively at work with Oil India, find out what is it up to