Cosl Innovator News

 

Wärtsilä to Power a Dozen COSL PSVs

May 13, 2019

Wärtsilä announced on Monday it has won a contract to supply 40 generating sets for 12 new liquefied natural gas (LNG) fueled platform supply vessels (PSV), the first such vessels to be built for a Chinese owner. The vessels are being built…

Island Drilling Wins Contract with Faroe

May 03, 2019

Norwegian offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig.The well is located on PL888 Canela license, Block 6507/7…

Sirius Petroleum Contracts Shelf Drilling for Ororo Field

Oct 10, 2018

Sirius Petroleum has signed an agreement with Shelf Drilling for the jack-up rig is already located in proximity to the Ororo field, and, it is due to become available in November.The Nigeria-focused oil and gas development and production company said in a press release that it has decided…

Hundreds of Oil Workers Strike in Norway

Jul 10, 2018

Hundreds of workers on Norwegian offshore oil and gas rigs went on strike on Tuesday after rejecting a proposed wage deal, leading to the shutdown of one Shell-operated field and helping send Brent crude prices higher.One union said hundreds…

Lundin Norway hires COSLInnovator

Jul 11, 2017

COSL Drilling Europe has been able to rescue to of its rigs from warm stacking this month. The company announced a new contract from Lundin Norway for the use of the COSLInnovator to drill one well, with the addition of an option of eight wells…

COSLPioneer in Ettrick, Blackbird P&A

Jul 05, 2017

COSL Drilling Europe received a letter of intent (LOI) from Nexen Petroleum UK to carry out plugging and abandonment (P&A) work at the Ettrick and Blackbird fields in UK.  The work, which will be conducted by the semisubmersible, COSLPioneer…

OMV to drill Wisting license well with Island Innovator

Jun 27, 2017

Island Drilling has been awarded a drilling contract with OMV Norge for one well on the Wisting license in the Norwegian Barents Sea. OMV will use the Island Innovator semisubmersible drilling rig, starting in Q3 this year.  The Island Innovator is currently in warm lay-up at Hanøytangen…

BP, Sirius in Ororo offtake talks

Jun 12, 2017

Sirius Petroleum has confirmed that the company is in talks with supermajor BP regarding an offtake and pre-payment facility to support Sirius in its financing for the proposed drilling program on the Ororo field, offshore Nigeria.  The COSL Power…

Sirius inks Ororo OSV deal

Apr 13, 2017

Sirius Petroleum signed an agreement with Tidewater Marine International for the provision of offshore service vessels (OSV) for a multi-well campaign in Nigeria. The deal is between Sirius and Tidewater Marine’s support company T1 Marine Services…

NU-Oil raises $2.56 million for marginal fields project

Feb 06, 2017

Independent NU-Oil raised raise US$2.56 million (£2.05 million) in new shares to help it with its stranded and marginal field strategy with 50% owned MFDevCo (Marginal Field Development Co.). NU-Oil says its next logical stage being the acquisition of a project…

MFDevCo, COSL sign MOU over marginal field initiatives

Jan 26, 2017

UK-based MFDevCo, or Marginal Field Development Co., has agreed a collaboration deal with Singapore-based jackup drilling rig operator CDPL, a subsidiary of China Offshore Services Ltd. (COSL).  The move will see MFDevCO use CPDL on a 'one stop shop' basis…

Saipem completes Innovator 2.0 sea trials

Dec 21, 2016

Saipem has successfully completed sea trials of its new remotely operated vehicles (ROVs), the Innovator 2.0, and has obtained a declaration of compliance with Norsok U102 standards, as well as DNV GL certification.   Innovator 2.0, a…

COSL files lawsuit against Statoil

Dec 14, 2016

China Oilfiled Services Ltd. (COSL) has filed a civil action lawsuit against Norwegian giant Statoil for terminating the drilling contract for the COSL Innovator in March. The rig has been under investigations by both the Petroleum Safety Authority of Norway (PSA)…

Sirius, COSL enter Ororo deal

Nov 16, 2016

Sirius Petroleum entered into a financed drilling contract with COSL Drilling Pan-Pacific Ltd. (COSL), for the provision of a high specification jackup rig that will be utilized to drill a multi well campaign as part of its shallow water development strategy in Nigeria at the Ororo project…

COSL receives delivery of two Wärtsilä designed AHTS

Oct 03, 2016

The Wuchang Shipbuilding Industry Group yard in China has delivered two new Wärtsilä designed anchor handling tug supply (AHTS) vessels to China Oilfield Services Ltd. (COSL).   The delivery of these two ships follows the success of the…

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