Fugro and COSL sign JV extension

OE Staff
Wednesday, August 7, 2013

On 23 August 2013, when the recently signed ten-year extension comes into effect, Fugro will enter the fourth decade of the successful joint venture with China Oilfield Services Ltd (COSL). The joint venture, named China Offshore Fugro Geosolutions (COFG) in which Fugro holds 50%, has been operating successfully offshore China since 1983.

Services provided include precise navigation services, subsea positioning, construction support services and remotely operated vehicle (ROV) services. The joint venture currently has a staff of over 200 and operates 13 ROVs and various advanced positioning systems for drill support, IRM (inspection, repair and maintenance) and construction support services. COFG operates from offices in Sheikou and Tianjin.

Categories: Contract China Asia

Related Stories

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

Jadestone Secures Gas Sales Deal for Fields Offshore Vietnam

Current News

Sierra Leone Allows Shell to Conduct Offshore Surveys

Middle East Conflict Jolts Offshore Drilling Market

Bureau Veritas Expands Offshore Services with New Asia Hub

UK Firm Installs Floating OTEC Prototype in Atlantic Ocean

Subscribe for OE Digital E‑News