Dolphin Offshore Enterprises (I)

YEAR                       EVENTS
 1979 - Dolphin Offshore Enterprises (India) Ltd. was Incorporated in
 May   
        as a private limited company to provide underwater
 engineering,
        diving services and other offshore oil-field services.  The
        Company was promoted by Rear Admiral Kirpal Singh and Shavax
 A.
        Lal.  The Company became a full fledged public limited Company
 on 
        31st May, 1994.
 
      - The Company is engaged in the activities of diving services, 
        Marine operations, offshore drilling, Geophysical and 
        Geotechnical Surveys and Radio positioning services, ship
 repair 
        service and Turnkey projects.
 
      - The Company had technical collaboration with Global Marine
        Drilling Services of USA for Offshore drilling, Oceaneering
        International AG of Switzerland for diving and underwater
        engineering, Geodetic and Construction Survey Ltd., of
        Switzerland for the latest technology in survey and
 positioning 
        services and TL Geotechnics (Singapore) Pte. Ltd. for 
        geotechnical surveys.  The Company undertook several turnkey
        projects for carrying out specialised repairs of offshore
 rigs.
 
 1994 - During September/October, the Company offered 14,00,000 No.
 of
        equity shares of Rs 10 each for cash at a premium of Rs 30 per
 
        share to public.  (All were accepted).
 
 1995 - During February, the Company entered into an agreement with 
        Sembawang Maritime Ltd. to set up a joint venture company to 
        provide marine transportation and offshore logistic services.
 
 2004
 
 -Dolphin Offshore bags order from Iranian Oil & Engg
 
 -Dolphin Offshore signs Memorandum of Understanding (MoU) with
 NaftoGaz,
 
 2006
 
 -Dolphin Offshore Enterprises India Ltd has informed that a meeting
 of the Board of Directors of the Company will be held on October 31,
 2006, to consider the issue of Bonus Shares.
 
 -Dolphin Offshore signs MOU with IMPaC Offshore, Germany to set up
 JVC in India
 
 2007
 
 - Dolphin Offshore Enterprises India Ltd has informed that Societa
 Cooperativa Nazionale Sommozzaton (CNS) has awarded a Contract for
 saturation diving work in China.