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Cairn set to save on Senegal rig rates

Cairn Energy and its partners are set to take advantage of low rig rates as they prepare to embark on a two well programme off Senegal later this year.

Coming down in cost: Far expects rates to be even lower than those the joint venture paid for the drillship Ocean Rig Athena
Coming down in cost: Far expects rates to be even lower than those the joint venture paid for the drillship Ocean Rig Athena
Published 14 September 2016, 11:06Updated 25 October 2016, 15:06