Cairn announced it has secured a long term contract with Transocean for the “Cajun Express” drilling rig.
The rig, which is on an initial one-year contract, will be used on Cairn’s planned multi-well frontier exploration programme in Senegal, Morocco and potentially other areas.
The Cajun Express is a deep-water, 5th Generation, dynamically positioned, semi-submersible drilling rig with shallow mooring capabilities and a 15,000 psi bop stack. The historic performance of the Cajun Express indicates it is a highly efficient rig with low operating downtime.
Press Release, April 15, 2013