LNG Production Expansion
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Repsol Taps Dolphin Drilling's Rig for Plug & Abandonment Campaign
ZACKS· 2025-10-09 17:46
Group 1 - Repsol S.A. has signed an agreement with Dolphin Drilling for the Borgland Dolphin semi-submersible drilling rig, covering seven wells over at least 220 days with options for three additional wells [1][8] - The contract adds approximately $60 million to Dolphin Drilling's backlog, and operations are scheduled to begin toward the end of 2026 after mobilization of the rig [2][8] - The Borgland Dolphin rig, currently warm-stacked in Las Palmas, will undergo a mandatory inspection process before being mobilized for the project [3] Group 2 - Cheniere Energy has achieved first production from its Corpus Christi Stage 3 Liquefaction Project, which aims to expand LNG production capacity [5] - Galp Energia's oil exploration efforts have led to the Mopane discovery in Namibia, estimated to hold nearly 10 billion barrels of oil, enhancing its global presence [6] - Oceaneering International provides integrated technology solutions across the offshore oilfield lifecycle, supporting client retention and revenue growth [7]