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Dolfines Secures Major Rig Inspection Contract with ADNOC

Story Highlights
  • Dolfines SA signed a 5-year rig inspection contract with ADNOC, potentially generating over $1 million annually.
  • The contract enhances Dolfines’ financial stability and supports its strategy in renewable energy and decarbonization.
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Dolfines Secures Major Rig Inspection Contract with ADNOC

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Dolfines SA ( (FR:ALDOL) ) has shared an announcement.

Dolfines SA has signed a significant 5-year framework contract with the Offshore Division of Abu Dhabi National Oil Company (ADNOC) for rig inspections, potentially generating over $1 million annually. This agreement, effective April 29, 2025, follows a recent contract with Petroleum Development Oman and highlights Dolfines’ growing presence in the Middle East. The contract strengthens Dolfines’ financial stability and aligns with its strategy to engage with major energy operators, furthering its involvement in renewable energy and decarbonization initiatives.

More about Dolfines SA

Founded in 2000, DOLFINES is an independent specialist in engineering and services within the renewable and conventional energy industry. The company focuses on the energy transition by providing innovative services and solutions for renewable energy exploitation both onshore and offshore. DOLFINES is recognized for its high standards of quality and safety, certified ISO 9001, and is listed on Euronext Growth.

YTD Price Performance: 134.07%

Average Trading Volume: 73

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €6.25M

For detailed information about ALDOL stock, go to TipRanks’ Stock Analysis page.

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