COSL Acquires 2 Newbuild Jackups

China Oilfield Services Limited (COSL), an integrated oilfield services provider in the offshore China market, announced Monday that it has recently acquired two newbuild jackups, which are currently under construction in China.

The two new GustoMSC CJ46-designed jackups, which are constructed by China Merchants Heavy Industry (Shenzhen) Co., Ltd., will be named COSLHunter and COSLGift. These jackups have already secured contracts and will be deployed in market outside China after delivery later this year.

Each of the two jackups, which can operate in water depths of 375 feet and drill to 30,000 feet, has accommodation for 124 crew members and a variable load of 3,500 tons.

"Handover of the construction contracts of the two jackups has been completed in the shipyard. Completion and delivery of the jackups are scheduled for the fourth quarter of 2013," COSL said in a company statement.

Have a news tip? Share it with Rigzone!


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Petronas: LNG Train 9 in Sarawak Moves... (Jan 23)
 -  Xodus Wins Apache North Sea Well Contr... (Jan 23)
 -  FAR: SNE 5 Appraisal Well Spuds Offsho... (Jan 23)
 -  Scottish Government Reveals New Subsea... (Jan 20)
 -  SOFF Secures Services Contract for Jan... (Jan 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
Engineering Change Specialist
Expertise: QA / QC / Inspection
Location: Houston, TX
Operator, Pipeline (Crude)(12 hour Rotating Shift) Freeport
Expertise: Instrumentation Technician
Location: Freeport, TX
Technician, I & E (Mont Belvieu, TX)
Expertise: Electrician
Location: Mont Belvieu, TX
search for more jobs

Brent Crude Oil : $55.49/BBL 2.45%
Light Crude Oil : $52.42/BBL 2.04%
Natural Gas : $3.2/MMBtu 5.04%
Updated in last 24 hours