Dolphin Offshore pockets two orders worth $16 million

Dolphin Offshore pockets two orders worth $16 millionMumbai-headquartered Dolphin Offshore Enterprises India Ltd has received two orders worth $ 16 million for charter hire of DP / DSV Vessels.

The company has secured first contract worth US$ 10 million from Leighton India Pvt. Ltd, which is expected to be completed in 3 months.

While, the second contract, valued at US$ 6 million has been picked from Punj Lloyd Ltd, schedule to be completed in 2 months.

Dolphin Offshore Enterprises (India) Limited provides offshore oilfield services to the oil and gas industry in India. It also operates in Saudi Arabia, Qatar, Kuwait, UAE, and Iran through joint venture and agency/representation agreements.

Earlier this month, the company bagged two orders worth Rs 304 crore from the state-run Oil and Natural Gas Corporation.

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