Mumbai: Shares of Dolphin Offshore Enterprises (India) surged 8% to Rs 210 on BSE on Monday after the company won contract extension from Mexican client for another three years.
The company's wholly owned subsidiary Dolphin Offshore Enterprises (Mauritius) Private Limited has announced a contract in October 2012, from Representaciones Y Distribuciones Evya S.A., de DV for the bareboat charter hire of the Vikrant Dolphin - DP2 barge and A.M.S Divine vessels to be deployed in Mexican waters for firm period of 1 year extendable for 3x1 option.
The above charter has confirmed the extension of its current contracts with the Mexican clients for its DP2 accommodation barge, Vikrant Dolphin for a further period of 3 years commencing from January 1, 2015, Dolphin Offshore said in a statement.
