Dolphin Drilling announces new board member

Aberdeen, Scotland (September 24, 2020). Dolphin Drilling Limited today announced the appointment of Ronny Bjørnådal (48) as a Non-Executive Director of its Board of Directors.

Ronny Bjørnådal is a veteran within the international finance community, where he has been the lead banker for many of the largest customers globally within the shipping, offshore and oil services industries helping its client to reach their strategic and financial goals in a lead capacity role. He brings with him significant experience with respect to large and complex financings, the international capital market and valuable experience within the international business community.

Bjørnådal was previously Managing Director and Head of Global Maritime Loans in Nordea, the largest financial institution in the Nordics, and a leading bank within the shipping, offshore and oil services industries. He held numerous managerial positions, including member of divisional management, member of credit committee, member of work-out committee and member of business allocation committee.

Bjørnådal holds an M.Sc. degree (“Siviløkonom”) in Finance from Norwegian School of Economics and Business Administration (NHH) in Bergen, Norway with focus on Finance, Financial Markets and Corporate Finance and graduated in 1997. In addition he holds a degree in International Business from Copenhagen Business School (“CBS”) in Copenhagen, Denmark.

Mr. Bjørnådal commented: “I am excited to join the strong Board of Directors of Dolphin Drilling and look forward to working closely with the Board, the Management and the Owners to continue to build the leading environmental drilling contractor for the offshore oil and gas industry. I am convinced that the Company is uniquely positioned to continue to improve performance, reduce carbon footprint and become the most efficient and preferred partner for its clients”.

Jorgen Peter Rasmussen commented : “ We are very pleased to welcome Mr. Bjørnådal to our Board of Directors. His unique skills inside the international finance community, his creativity and his experience will be very valuable for the company as we are rebuilding the greatest drilling contractor with more than 50 years of experience. We are honored that he agreed to join us.”