Dolphin Drilling AS (Dolphin Drilling, OSE: DDRIL) has made the strategic decision to sell and recycle the drilling rig Dolphin Leader. This decision aligns with Dolphin Drilling's ongoing efforts to optimise its fleet and enhance operational efficiency. Dolphin Drilling will collect net $5.8 million for the rig when sold. Dolphin Leader will be recycled in a responsible manner in accordance with applicable international standards.

For further information, please contact:

Ingolf Gillesdal, Corporate Finance and Investor Relations, tel: +47 920 45 320

Dolphin Drilling | www.dolphindrilling.com