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Dolphin Offshore Enterprises’ arm signs lease agreement with Ballast Shipping

08 Apr 2025 Evaluate

Dolphin Offshore Enterprises’ (India) wholly owned subsidiary -- Beluga International DMCC, Dubai (Beluga) has entered into a Lease agreement with Ballast Shipping S.A. DE C.V for leasing of ‘Prabha’- DP2 Accommodation Barge (Previously known as Vikrant Dolphin) for a period of 3 years. The total estimated value of this agreement is around Rs 281 crore.

Dolphin Offshore Enterprises (India) was incorporated as a Private Limited Company under the Indian Companies Act 1956 on May 17, 1979 with the objective of providing services to the offshore oil and gas industry.

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