Fugro and COSL sign 10 year extension

Published

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, has been operating successfully offshore China since 1983.

Services provided include 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.

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