Ron Jackson reported the news today as part of his weekly report on DnJournal.com, that the domain name Dolphin.co sold for $48K.

The seller was the .Co registry.

The buyer was Dolphin Energy which is a big oil company out of the United Arab Emirates.

Dolphin  put out a press release on January 26th last week (without the price listed) announcing the acquisition:

Abu Dhabi, United Arab Emirates, January 26, 2012:

“”Dolphin Energy Limited today announced that it has acquired the Internet domain name ‘dolphin.co’ from .CO Internet S.A.S., the company that manages the .CO root domain.”

“The company will use the domain name ‘dolphin.co’ to enhance its existing online presence with a short, memorable domain that will help the company to engage with its stakeholders locally and across the Middle East region more easily.”

“The company has also taken the opportunity to register the both ‘dolphin’ and ‘dolphinenergy’ names under the Arabic .emirates and .qatar root domains respectively.”

“Dolphin Energy transports natural gas from Qatar to the emirates of the UAE and Oman. The move to acquire the ‘dolphin.co’ domain name comes at a time when there is an increase in the number of companies acquiring .CO domain names.”

More about the company:

“”Dolphin Energy was established in March 1999 as an initiative of the Government of Abu Dhabi.

The founders had always conceived Dolphin Energy as a force for international cooperation – one that would unite the vision and resources of the region with multinational capital and expertise. Total of France was accordingly invited to become a shareholder in Dolphin Energy during 2000. After a further selection process, Occidental Petroleum of the USA became the company’s second international partner in 2002.

The three Dolphin Energy Limited shareholders are Mubadala Development Company with 51 percent, and Total and Occidental Petroleum with 24.5 percent each. Mubadala Development Company is wholly owned by the Government of Abu Dhabi.

Now that the price has been released it another nice .Co sale to a major company.

Congrats to the .Co registry and Dolphin Energy

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