Image by gCaptain Forum member CMAKIN
Since May 2010, Transocean’s Cajun Express has been drilling offshore Brazil for Petrobras at a healthy day-rate of $517k per day.
UK-based energy firm Cairn Energy, announced this morning they have secured a “long term contract” for the Cajun Express after its existing contract with Petrobras expires this June.
We spoke with a Cairn spokesperson this morning, however they were unable however, to give us details on how long this contract would last, or at what rate. The rig will be initially used on the Foum Draa prospect off Morocco.
The Cajun Express, is a deep-water, 5th Generation, dynamically positioned, semi-submersible drilling rig and has a very distinctive “Tri-activity” derrick. This off-center derrick provides a huge amount of open deck space, and allows the Cajun Express to run double stands of riser, triple stands of 41′ casing, or quad stands of drill pipe, all with very little human intervention while reducing running times drastically.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 108,998 members that receive our newsletter.
Have a news tip? Let us know.
Orsted Chief Executive Mads Nipper will step down to be replaced by company insider Rasmus Errboe, the world's biggest offshore wind developer said on Friday, as it seeks to arrest an 83% slump in its share price since its 2021 peak.
The developer behind New Jersey’s first offshore wind farm plans to continue the project despite Shell’s withdrawal from the project. Shell on Thursday announced its exit from the Atlantic Shores...
Shell Plc said it has written off almost $1 billion and withdrawn from a US offshore wind farm as President Donald Trump seeks to stymie the industry’s development with executive orders.
Maritime and offshore news trusted by our 108,998 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
