China Oilfield Services Ltd. (COSL) signed a rig and logistics integrated service contract with Mexico’s Hokchi Energy S.A de C.V. as part of the country’s energy reform. The COSLHunter, from COSL…
China Oilfield Services Ltd. (COSL) completed a 3D seismic survey in the Barents Sea using its 12-streamer seismic vessel HYSY 720. The operation, over two blocks, had taken 100 days and signified a new monthly seismic data acquisition record of 1820…
Norway’s Petroleum Safety Authority (PSA) is retracting an order handed to COSL Drilling Europe in April regarding a fatal accident onboard the COSL Innovator on 30 December 2015, after discovering new information and finding that no deviations were found in the design of the rig…
China's China Oilfield Services Ltd. (COSL) has been awarded a contract for 3D seismic acquisition covering a total area of over 4000sq km in Arctic waters. The contract is COSL's 'first great order' for 3D seismic operations in Arctic waters…
Norway’s Petroleum Safety Authority (PSA) has revealed in its investigation of a fatality aboard the COSL Innovator, that the rig was not built to endure weather conditions that occurred on the night of 30 December, however, COSL Drilling Europe conducted its own heavy-hitter investigation…
COSL Drilling Europe will cut to some 230 jobs from its workforce, as a direct result of Norwegian giant Statoil terminating its contract for the COSLInnovator semisubmersible contract earlier this month. The COSLInnovator…
Norway's Statoil has terminated its contract with COSL Offshore Management for the semisubmersible drilling rig COSL Innovator, which it was using on the Troll field in the Norwegian North Sea. One man died and two more wre injured after a wave hit the rig on 30 December last year…
A floating production vessel working on CNR International Banff field has become the latest victim to bad weather in the UK. The Teekay-owned Petrojarl Banff unit, based some 190km east of Aberdeen, saw two of its 10 achor lines 'lose tension' at around midnight on 3 January…
Ongoing storms in the North Sea have seen another vessel break loose and start drifting. According to reports on Norwegian news sites, the Safe Bristolia flotel, which was being towed from the UK to Poland, is drifting about 120km offshore Scotland…
Oil firm BP has started returning staff to its Valhall complex after evacuating the facility when an adrift barge started drifting towards it as fierce weather continued to wreak havoc across the UK and Norway. ConocoPhillips had also downmanned its Eldfisk platform earlier today…
One person has died and two more were injured after a breaking wave hit the COSL Innovator semisubmersible drilling rig around 5pm local time on 30 December, Statoil announced. The rig, which is under contract with Statoil for the Troll field in the North Sea…
Primeline Energy Holdings announced that its drilling contractor China Oilfield Service (COSL) started the mobilization of the rig for the drilling operation of LS23-1-1 well, in the East China Sea. Following the signing of the drilling…
Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Ltd. (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea…
Primeline Energy has entered into a turnkey drilling contract with China Oilfield Service Ltd. (COSL) for its 2015 exploration program of two wells in Block 33/07 in the East China Sea. Under the terms of the drilling contract, COSL has…
Primeline Energy has contracted China Oilfield Service Co. (COSL) as drilling contractor for its Block 33/07 exploration program in the East China Sea. Primeline says the rig market has proved favorable with good availability of suitable rigs and competitive prices…
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