Norwegian giant Statoil announced it is extending the suspension periods for three of its semisubmersible rigs due to overcapacity. The COSL Pioneer. From Ole Jørgen Bratland, Statoil. The COSL Pioneer…
Xcite Energy has agreed a memorandum of understanding (MOU) with China Oilfield Services Limited (COSL) over the provision of a new-build Keppel FELS N Class Plus, harsh environment jackup drilling rig, to be used on the North Sea Bentley heavy oil field…
China National Petroleum Corporation (CNPC) found hydrocarbons on the Zhongjannan exploration project, off the Paracel or Xisha Islands, in the South China, the firm announced. Drilling, using the 2011-delivered, deepwater, HYSY-981…
Statoil will pay COSL Offshore Management (COM) a one-time settlement of US$65 million under an agreement reached today that ends disputes related to the stand-by fees of two semisubmersible platforms. The stand-by fees stemmed from the installation of third-party equipment…
CIMC Raffles at Yantai delivered the jackup rig Gulf Driller No.1 to ship owner COSL, the company announced 10 May 2014. CIMC Raffles said the jackup is expected to set out for the Bohai gulf. The Super M2 jackup rig was designed by…
China Oilfield Services Limited's newly purchased platform supply vessel HYSY613 has been delivered for operation and is expected to start work in the South China Sea mid-April. Another platform supply vessel of the same model that was…
Statoil Petroleum has discovered hydrocarbons in wildcat well 34/8-17 S in production license 120 in the Norwegian sector of the North Sea. The well was drilled on the north-east flank of the Visund field, in the northern part of the North Sea…
The COSLGift, an independent leg cantilever jackup rig, has been delivered, and is enroute to Southeast Asia, China Oilfield Services Ltd. (COSL) announced. COSL acquired the COSLGift and its sister rig COSLHunter (pictured) in August 2013…
China Oilfield Services Limited (COSL) has signed construction contracts for two jack-up drilling rigs and a semisubmersible drilling rig. The contracts are with Dalian Shipbuilding Industry Offshore Co., Ltd. (DSIC Offshore) and China Merchants Heavy Industry (Shenzhen) Co…
After their recently signed ten-year extension comes into effect, Fugro and China Oilfield Services Ltd. (COSL), will enter the fourth decade of the successful joint venture. China Offshore Fugro Geosolutions (COFG), in which each company holds 50% interest…
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%…
Norway’s Statoil has had a double success on the Norwegian Continental Shelf (NCS). Wildcat well 34/8/15 S on production license (PL) 120 proved gas and an appraisal well on the Johan Sverdrup field in PL265 confirmed the extent of the reservoir along the western margin of the field…
China Oilfield Services Limited (COSL) is pleased to announce that COSLPromoter, a semi-submersible drilling rig of the Group, has officially commenced operation in Norwegian North Sea for an eight-year service contract with Statoil ASA on 2 April 2013 Norwegian Time…
Wartsila will design six new ships for COSL Wärtsilä, the marine industry's leading solutions and services provider, has signed a contract with China Oilfield Services Ltd (COSL) to supply the designs for a total of six new ships. The two…
COSL PioneerOperations have been temporarily suspended on the Brugdan II well offshore Faroe Islands, Statoil announced on 27 November 2012.Statoil and partners ExxonMobil and Atlantic Petroleum made the decision based on expected bad weather this winter…
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