COSL inks double vessel Mexico gig

August 30, 2016

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.

COSL’s jackup drilling rig COSLHunter and marine support vessel HYSY 614 will provide services for this contract. This marks the first foothold in Gulf of Mexico by COSL’s marine support segment, extending the company’s industry chain there successfully.  

The contract is expected to begin in October, and marks the first oilfield service project available for tender by an oil company outside Mexico and it is the first public tender project by Mexico’s energy ministry after the energy reforms in Mexico.

“This contract marks the winning of an important international client for the company and expands the company’s share in overseas markets. It also demonstrates the company’s unique integrated project management(IPM)advantage and continuous efforts in international expansion,” COSL said.

Hokchi Energy is a subsidiary of Pan American Energy LLC, the second largest hydrocarbons producer in Argentina.



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