Spetalen’s S.D. Standard ETC sells stake in Dolphin Drilling

Øystein Stray Spetalen-controlled S.D. Standard ETC (SDSD) has sold its stake in semisub rig owner Dolphin Drilling. SDSD said in an Oslo Bors filing that it sold nearly 50 million shares of the offshore driller which represents a 17.1% stake in Dolphin Drilling. The shares were sold for NOK1.1 per share for a total transaction …