Cosl Drilling News


Esgian Week 15 Report: South America Remains Vital

Apr 14, 2024

Esgian reports on new contracts for Borr Drilling and Shelf Drilling (North Sea) jackups in its Week 15 Rig Analytics Market Roundup. Additionally, Energean has selected a drillship for its upcoming drilling campaign offshore Morocco. South America remains vital to the floating rig market…

Esgian Week 14 Report: Major Jackup Contract Suspensions

Apr 07, 2024

Esgian reports various drilling contractors disclosing details of discussions with Saudi Aramco regarding jackup contract suspensions in its Week 14 Rig Analytics Market Roundup. These contractors include Shelf Drilling, ADES, Borr Drilling…

Middle East: 18 Drilling Rigs Believed to be Suspended by Aramco So Far

Apr 05, 2024

Six offshore drilling companies – Valaris, Borr Drilling, Shelf Drilling, ADES Holding, COSL, and Arabian Drilling – have received notices of suspension for the shared total of 18 drilling rigs, all believed to have come from Saudi state-owned oil giant Aramco…

Esgian Week 6 Report: New Contracts and a New JV

Feb 11, 2024

Esgian has released its Week 6 Rig Analytics Market Roundup saying that several new contracts have been confirmed across three major types of offshore drilling rigs and an interesting new joint venture between an operator and a rig owner has been announced…

Wellesley Gets Permit to Drill Wildcat Well in Toppand East

Jan 30, 2024

The Norwegian Offshore Directorate has granted Wellesley Petroleum a drilling permit for well 35/11-29 S in production license 248 C in the North Sea offshore Norway.The exploration well will be drilled with COSL’s COSLPromoter rig, hired on behalf of 248 C license partners by Wellesley Petroleum…

COSL Drilling Rig Heads to Norway for Repairs

Jan 24, 2024

COSLProspector semi-submersible drilling rig has departed from the shipyard in Canary Islands, and it’s now on its way to Norway, where it will undergo repairs ahead of assignment with Vår Energi in the Barents Sea.COSL's 4,921-ft semisubmersible…

Drilling Roundup: New Contracts and New Carbon Storage Activity

Dec 05, 2023

Esgian has published its Week 48 Rig Market Roundup highlighting that new contract awards were revealed for a Velesto Drilling jackup, two Seadrill drillships and a Dolphin Drilling semisub. Meanwhile, Wintershall Dea is planning to drill a new carbon storage well in Norway…

COSL to Buy Four New Jack-Up Drilling Rigs for $445M

Sep 22, 2023

China-based offshore drilling contractor China Oilfield Services Limited (COSL) said this week it had agreed to buy four jack-up drilling rigs from Dalian Shipbuilding Offshore.COSL's subsidiaries have agreed to buy four JU2000E jack-up drilling rigs at a total contract price of RMB3…

Equinor Hires Two COSL Rigs for Drilling in Norway

Aug 31, 2023

Equinor announced Thursday it has awarded COSL Offshore Management AS two contracts and will employ COSLPromoter and COSLInnovator on the Norwegian continental shelf.The COSLPromoter is already contracted to Equinor and will commence on the new contract in the first quarter of 2025…

CIMC Delivers Jack-up Rig to COSL

Apr 27, 2023

Chinese drilling rig builder CIMC Raffles has delivered the Wan Zuan 3 jack-up rig for operation by COSL in China.The Wan Zuan 3 jack-up drilling rig of F&G SUPER M2 design can operate in a water depth of 300 ft and drill to a depth of 30,000 ft…

COSL Bags $1,92B Worth of Offshore Drilling Service Deals in Middle East

Oct 25, 2022

Chinese offshore drilling contractor China Oilfield Services Limited (COSL) said Monday it had recently signed several long-term drilling rig service contracts in the Middle East. The contracts are worth around RMB14 billion (~$1,92 billion) in total…

China: After Jade Well Duster, Empyrean Eyes Topaz Prospect Drilling in 2023

May 05, 2022

Oil and gas company Empyrean Energy plans to drill another well in its Block 29/11 offshore China, despite the disappointing result from the Jade well announced last week.Empyrean drilled the Jade well, which it had described as a 'world-class' prospect…

Empyrean Energy 'Extremely Disappointed' as No Oil Found at 'World-class' Jade Offshore Prospect in China

Apr 27, 2022

Oil and gas company Empyrean Energy said Wednesday that its Jade offshore well in China, for which the company had high hopes, had reached total depth without encountering hydrocarbons.After years of preparations, the company started drilling…

Empyrean Energy Spuds Jade Well Offshore China

Apr 11, 2022

Empyrean Energy has started drilling at the high-impact Jade prospect at its 100% owned Block 29/11 permit, offshore China.Using the COSL NH-9 semi-submersible drilling rig, the LH 17-2-1 well spudded on Jade prospect at 19:30 on 10 April 2022…

Empyrean Energy Reveals Expected Spud Date for 'World-class' Jade Prospect Offshore China

Mar 25, 2022

Oil and gas company Empyrean Energy said Friday it would take over the China Oilfield Services Limited ('COSL') owned NH9 semi-submersible drilling rig for the drilling of the Jade well, within the next few days for safety checks. Empyrean has…

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