COSL Signs Deal with CNOOC's Unit to Charter Newbuild Jackup HYSY 932

China Oilfield Services Limited (COSL or the Group), the leading integrated oilfield services provider in offshore China, announced Monday that it has recently entered into a contract with CNOOC International Financial Leasing Co., Ltd. (Financial Leasing Company) for the charter of a new 300-feet jackup – HYSY 932 (300' ILC) from Financial Leasing Company for a period of five years.

HYSY 932 is designed to operate at water depths of 300 feet and is capable of drilling into depths of up to 30,000 feet. The jackup has arrived at Bohai Bay and commenced drilling services for clients.

The chartering of HYSY 932 demonstrates COSL’s efforts in enhancing overall competitiveness by three-way approach of “Charter, Buy and Build” to enter into the market quickly as well as mitigate investment risks.

WHAT DO YOU THINK?

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 www.riglogix.com.
Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Site O&M Wind Technicians
Expertise: Electrical Technician
Location: Oklahoma, OK
 
Conductor Hand
Expertise: Heavy Machinery Operator|Truck / HGV Driver|Welding
Location: Carthage, TX
 
United States Williston: Cable Technician I-II
Expertise: Electrical Technician|Mechanical Technician
Location: Williston, ND
 
search for more jobs

Brent Crude Oil : $54.94/BBL 0.88%
Light Crude Oil : $51.79/BBL 0.21%
Natural Gas : $3.65/MMBtu 6.10%
Updated in last 24 hours