Dolphin will provide services across several of Chevron’s operations in the UK sector of the North Sea, as part of a 20 month multi-well drilling and completion program.
The deal is to provide drilling and completion operations using the semi-submersible rig, Blackford Dolphin, and includes a rig refurbishment to upgrade the unit for North Sea activity work.
The drilling program is expected to begin in 2015 for an initial period of 572 days, while there is also an option for Chevron to extend the program for a further one to two years.
In the last five years, Chevron has contributed around £10bn orders for the UK economy.