CNR Secures Rig for Development Drilling Offshore Ivory Coast

Independent oil and gas producer Canadian Natural Resources reported Tuesday that it is preparing to make a significant investment in the next phase of development drilling at the company's Baobab field, offshore Côte d'Ivoire.

CNR's Aberdeen-based subsidiary, CNR International, recently secured a contract for the Cajun Express (DW semisub) rig with Transocean, with the rig expected to arrive on location either later this year or in early 2015. It will carry out a minimum six-well program on the Baobab field, CNR said.

CNR International Vice President for Finance Barry Duncan commented in a company statement:

"We are investing significantly offshore Côte d'Ivoire in the coming years, so committing to a rig for the next phase of the Baobab development is very exciting. 
"We are also seeing additional investment in our operated Ninian field in the North Sea. As a result of our successful Brownfield Allowance application in 2013, we have two drilling crews working, but returns in the North Sea continue to lag behind those in offshore Africa."

Have a news tip? Share it with Rigzone!


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  ExxonMobil Starts Fuels Production at ... (Sep 21)
 -  How to Become a Safety Engineer (Sep 18)
 -  How to Become a Geologist (Sep 15)
 -  Oil, Gas Industry Leadership Group to ... (Sep 14)
 -  CB&I Wins China PDH Unit Contract (Sep 11)

Most Popular Articles

From the Career Center
Jobs that may interest you
Tool Pusher
Expertise: Field Service Tech|Toolpusher
Location: Odessa, TX
Floor Hand
Expertise: Field Service Tech|Floorhand / Roughneck
Location: Odessa, TX
Roustabout Thereafter Job
Expertise: Roustabout
Location: Rifle, CO
search for more jobs

Brent Crude Oil : $56.43/BBL 0.40%
Light Crude Oil : $50.55/BBL 0.27%
Natural Gas : $2.95/MMBtu 5.44%
Updated in last 24 hours