Dolphin Group ASA has taken delivery of the newly built seismic vessel M/V Sanco Sword, on an initial 5-year Time-Charter agreement with the Norwegian vessel owner Sanco Shipping AS. The Sanco Sword is the sister vessel of the Sanco Swift, also delivered from the Kleven Myklebust yard, located on the west coast of Norway. Both […]
March 28, 2014 | Posted in
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The high capacity 3D vessels of Dolphin Geophysical continue to build solid contract back-log in South America, with the award of an additional new 3D seismic contract with a duration in excess of 70 days. Dolphin will be utilising two vessels to cover the increased demand and recent awards in South America. The surveys will […]
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Dolphin, a global full-range, asset light supplier of marine geophysical services, has been awarded two additional 3D seismic contracts for undisclosed clients. The first contract will be carried out in South America and has a duration of approximately 3 months. The Dolphin’s second contract in North West Europe has a duration of approximately 1,5 months. The […]
March 21, 2014 | Posted in
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Dolphin Group released fourth quarter and preliminary full year 2013 results. Dolphin Group reported poor results in Q4 2013. Compared to Q4 2012 revenues of USD 75.5 million, Q4 2013 revenues are down to USD 38.8 million. Recorded EBITDA was USD 3.4 million, compared to USD 26.5 million in Q4 2012. EBIT of Q4 2012 dropped […]
February 19, 2014 | Posted in
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Dolphin has been awarded two 3D seismic contracts with two larger independent oil companies. The contracts with a total duration of minimum 3 months are located offshore North West Africa and Norway. Dolphin Geophysical operates a fleet of new generation, high capacity seismic vessels and offers contract seismic surveys, Multi-Client projects and processing services on […]
January 29, 2014 | Posted in
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Chariot Oil & Gas Limited announces that it has commenced a 2D seismic survey in Southern Block 2714B offshore Namibia, which was re-awarded to the Company in June 2013 (Chariot 85%, Operator, with NAMCOR and Quiver Oil holding a 10% and 5% carried interest respectively). The Company has contracted Dolphin Geophysical Ltd. (“Dolphin”) to carry […]
December 19, 2013 | Posted in
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Dolphin Energy Limited announced it had signed a Memorandum of Understanding (MOU) with Nord Stream AG, the company that is providing a new natural gas supply route from Russia to Europe. The MOU was signed in the presence of Dolphin Energy’s General Managers in the UAE and Qatar, Mr Ibrahim Ahmed Al Ansaari and Mr […]
November 28, 2013 | Posted in
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Dolphin Group ASA is contemplating to issue senior unsecured bonds with maturity in December 2017. The net proceeds from the bond issue shall be applied towards general corporate purposes, including financing of specific Multi-Client investments, seismic equipment and to further finance the growth of the group. Arctic Securities, DNB Markets, SEB and SR-Bank Markets are […]
November 21, 2013 | Posted in
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Dolphin has been awarded an additional 3D seismic contract in South America commencing in Q2 2014 and one 2D Seismic contract in West Africa commencing in December 2013. Both contracts are for non-disclosed clients. Furthermore, as communicated in recent earnings report, Dolphin continues its efforts to further strengthen financial flexibility through bank and bond financing. […]
November 20, 2013 | Posted in
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Dolphin Geophysical AS, a global full-range, asset light supplier of marine geophysical services announced revenues of USD 70.1 million in Q3 2013, compared to USD 61.2 million in Q3 2012. Quarterly highlights – Q3 2013: - EBITDA of USD 26.4 million (38%), compared to USD 28.9 million in Q3 2012 - EBIT of USD 17.4 […]
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