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

Finder Energy Buys Petrojarl I FPSO for Timor-Leste Oil and Gas Projects

Seatrium Launches Arbitration Against Maersk Over WTIV Contract Termination

Mubadala Energy, PLN Energy Primer Team Up for Andaman Sea Gas Supply

Current News

Dajin Forms Offshore Wind Alliance with German Port Terminal Operator

EnerMech Hires Former SLB Executive to Lead Energy Solutions Division

Eni Expands Asian Footprint with Long-Term LNG Contract in Thailand

Jasmund Substation’s Topside and Jacket Sets Sail to Baltic Sea

Subscribe for OE Digital E‑News