China Oilfield Service Inks First Overseas Deal

E-View, a Chinese news source, has reported that China Oilfield Service Limited (COSL) signed its first overseas directional geothermal well service contract with the Philippine National Oil Corporation (PNOC).

The report stated that under the two-year contract, COSL will provide engineering and technological services to 34 PNOC directional geothermal wells. Without going into specific numbers, sources revealed to E-View that it was a multi-million US dollar contract.

Most of the operations performed by COSL are carried out offshore China. The company has been listed on the Hong Kong Stock Exchange since 2002.

We want to hear from you. Questions, opinions and suggestions are all welcomed by the Rigzone Staff. Write us at news@rigzone.com .

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Offshore Technician
Expertise: Field Service Tech
Location: Broussard, LA
 
Top Drive Technician - Houston
Expertise: Field Service Tech|Hydraulic & Pneumatic|Mechanical Technician
Location: Houston, TX
 
Frac Sand Rail Terminal Maintenance Technicians
Expertise: Field Service Tech|Hydraulic & Pneumatic|Maintenance Technician
Location: Pecos, TX
 
search for more jobs

Brent Crude Oil : $50.97/BBL 1.53%
Light Crude Oil : $48.75/BBL 1.79%
Natural Gas : $2.92/MMBtu 0.68%
Updated in last 24 hours