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Dolphin Drilling ASA
Fred Olsens gate 2
Phone: +47 22341243p:+47 22341243 OSLO, 0152  Norway Ticker: DDASADDASA
Filed for Bankruptcy on 6/26/2019
On 6/26/2019, Dolphin Drilling ASA announced the transfer of its operating subsidiaries to a newly formed holding firm Dolphin Drilling Holdings Limited, which is incorporated in Jersey. Following the announcement, Dolphin Drilling ASA (the Bankrupt Entity) filed for Bankruptcy in Norway. The transferred subsidiaries were not including in the filing.
This company is no longer actively traded on any major stock exchange.
Business Summary
Dolphin Drilling ASA, formerly Fred Olsen Energy ASA, is a Norway-based drilling contractor operating in the mid- and ultra deep water segment. The Company provides exploration and production services to the offshore oil and gas industry. The Company operates, along with its subsidiaries, in two business segments: Offshore Drilling and Engineering & Fabrication. The Company’s offshore fleet consists of deepwater units and harsh environment mid-water semi-submersible drilling rigs. The Company’s ship yard Harland & Wolff in Belfast, Northern Ireland, focuses on ship repair, steel fabrication and engineering services, as well as providing services for activities related to offshore wind farms.

Scores and Ratings
FRISK®
Score		 Z''
Score		 PAYCE®
Score		 DBT
Index		 Moody's
Rating		 Fitch
Rating		 DBRS
Rating
-Yes-----

Financials, News and Filings
Latest
Statement		 Last
Audit
News		 SEC
Filings		 Bankruptcy
Filings		 Suit &
Judgment
Filings		 Tax
Lien
Filings
12/31/201812/31/2018Yes----

Industries
SIC Code Description
1381 Drilling oil and gas wells
1389 Oil and gas field services, not elsewhere classified
3731 Ship building and repairing
3533 Oil and gas field machinery and equipment
7359 Equipment rental and leasing, not elsewhere classified
8711 Engineering services
4959 Sanitary services, not elsewhere classified

Officers and Directors

Title
Name
Age		 Title
Date		 Start
Date
Independent Chairman of the Board Aksel O.Hillestad 71 5/29/2019 6/21/2018
Chief Executive Officer, President IvarBrandvold 63 11/1/2009 11/1/2009
Chief Financial Officer HjalmarKrogseth Moe 48 6/1/2007 1/1/2005
8 additional Officers and Directors records available in full report.

Business Names
Business Name
DDASA
Dolphin Drilling Ltd.
FOE
4 additional Business Names available in full report.

General Information
Number of Employees: 501 (As of 12/31/2018)
Outstanding Shares: 66,264,129 (As of 12/31/2018)
Shareholders: 3,029
Stock Exchange: OSL
Fax Number: +47 22411840


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Saturday, July 22, 2023