China Oilfield Services Ltd (COSL) Company News

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China's COSL Completes 3D Seismic Ops in North Barents Sea
Wednesday, August 10, 2016China Oilfield Services Ltd. (COSL) completes 3D seismic data acquisition in north Barents Sea within the Arctic Circle.

COSL Completes its First Exploration Assignment in the Far East
Monday, August 08, 2016China Oilfield Services Ltd. (COSL) completes its first exploration operations in the Far East, opening a prospective market for the firm in the region.

COSL Appoints Qi Meisheng as CEO and President, Replaces Li Yong
Thursday, June 16, 2016China Oilfield Services Ltd. (COSL) appoints Qu Meisheng as CEO and president following Li Yong's resignation.

COSL to Deploy Hai Yang Shi You 718 for Seismic Survey in Asia in Late June
Tuesday, June 07, 2016China Oilfield Services Ltd.(COSL) clinches a contract to carry out seismic survey in Asia in late June.

COSL Drilling Europe Confirms Job Losses After Statoil Terminates Contract
Monday, March 14, 2016COSL Drilling Europe confirms that around 230 of its employees will lose their jobs as a result of Statoil's decision to terminate its drilling contact with the COSLInnovator.

Statoil Cancels Drilling Contracts for COSLInnovator & COSLPromoter
Monday, March 07, 2016COSL Drilling Europe receives termination notice for two drilling rig contracts from Statoil.

Chaos in North Sea as Storm Kills Rig Worker
Thursday, December 31, 2015Stormy weather in the North Sea kills one worker, injures two others and forced the evacuation of two platforms.

Primeline Spuds LS30-3-1 Prospect in Block 33/07 in East China Sea
Tuesday, November 17, 2015Primeline Energy spuds the LS30-3-1 exploration well in Block 33/07 in the East China Sea.

Primeline Completes Drilling at LS23-1-1 in Block 33/07 in East China Sea
Friday, October 30, 2015Primeline Energy completes drilling at LS23-1-1 well in Block 33/07 in East China Sea, with the jackup to drill LS30-3-1 well soon.

Primeline Secures Contract Extension for Block 33/07 in East China Sea
Wednesday, October 14, 2015Primeline Energy secures an extension to the contract for Block 33/07 in East China Sea to facilitate its exploration drilling program.

Cosco Guangdong Delivers Newbuild AHTS 'Hai Yang Shi you 642' to COSL
Monday, September 28, 2015Cosco Guangdong delivers an anchor handling tug supply vessel "Hai Yang Shi You 642" to China Oilfield Services Limited.

COSL Spuds LS23-1-1 Exploration Well in Block 33/07 in East China Sea
Friday, September 25, 2015China Oilfield Services Ltd. spuds LS23-1-1 exploration well in Block 33/07 in East China Sea for Primeline Energy.

COSL to Drill LS23-1-1 Well in Block 33/07 in East China Sea Shortly
Friday, September 18, 2015China Oilfield Services Ltd. is on track to drill the LS23-1-1 well in East China Sea's Block 33/07 shortly.

COSL Takes Delivery of Newbuild 'Hai Yang Shi You 661' PSV from Cosco
Thursday, September 17, 2015Cosco Dalian delivers the newbuild "Hai Yang Shi You 661" platform supply vessel to China Oilfield Services Ltd.

Russia's Rosneft Says China's COSL to Drill Offshore Oil Wells
Wednesday, September 02, 2015China Oilfield Services Limited will drill two offshore exploration wells for Rosneft, as the Russian company tries to overcome restrictions related to Western sanctions.

COSL Signs Contract to Drill 2 Wells in Block 33/07 in East China Sea
Wednesday, August 19, 2015Primeline Energy signs contract for China Oilfield Services Ltd. to drill two wells in Block 33/07 in the East China Sea.

COSL to Drill 2 Wells for Primeline in Block 33/07 Offshore China for $20M
Friday, July 24, 2015Primeline signs letter of intent with China Oilfield Services Ltd. to drill two wells in Block 33/07 in East China Sea for $20 million.

COSL Takes Delivery of Newbuild AHTS from Cosco Guangdong
Monday, June 29, 2015Cosco Guangdong delivers a newbuild anchor handling tug supply vessel to COSL.

Norway Rig Workers Agree Wage Deal, Avoid Strike
Thursday, June 25, 2015Norwegian offshore oil rig workers sign a new wage deal, avoiding a strike that could have cut energy production.

Statoil Cancels China Oilfield Services Rig Contract
Wednesday, June 24, 2015Statoil cancels a rig contract with China Oilfield Services 13 months ahead of the expiry date, blaming overcapacity in its rig portfolio.

COSL Drilling Europe Inks Frame Agreement with PSW
Wednesday, May 20, 2015COSL Drilling Europe inks a frame agreement with PSW Group for subsea and riser maintenance services for its drilling rigs.

COSL Completes Deepwater In-Situ Cone Penetration Test in South China Sea
Wednesday, May 20, 2015China Oilfield Services Ltd. completes deepwater in-situ cone penetration test in South China Sea.

Hoidi Lands COSL's Jackup Leg Construction Contract
Tuesday, November 25, 2014Hoidi lands a contract to construct rig leg for a China Oilfield Services Ltd.'s jackup.

China's Oilfield Services Companies Face Mixed Industry Fortunes
Thursday, November 20, 2014Independent oilfield services firms operating in China face challenging times, while providers owned by Chinese national petroleum firms are shielded from such pressures.

COSL Takes Delivery of Newbuild Seimsub COSLProspector from CIMC Raffles
Wednesday, November 19, 2014China Oilfield Services Limited takes delivery of the newbuild COSLProspector semisub from CIMC Raffles at Yantai yard in Shandong province, China.

Xcite Signs Rig Provision Agreement for Bentley Field
Monday, November 17, 2014Xcite Energy signs a deal with China Oilfield Services Limited for the provision of a new jackup rig for use on the company's Bentley field in the North Sea.

COSL's NH9 Semisub Completes First Deepwater Assignment
Tuesday, November 11, 2014China Oilfield Services Limited's NH9 semisub completed its first deepwater assignment as the firm seeks to boost its operational capability.

Newbuild COSLProspector Semisub Commences Sea Trial Offshore China
Thursday, October 09, 2014CIMC Raffles reports that newbuild COSLProspector semisub moves a step towards delivery as it commences sea trial offshore China.

Statoil to Lay up COSL Pioneer Rig for Short Time
Thursday, September 18, 2014Statoil plans to lay up the COSL Pioneer rig during 4Q 2014, but says taking the rig out of operation for a short time will have no impact on its drilling plans.

COSL Charters Newbuild Jackup Excellence I from ICBC
Friday, June 27, 2014China Oilfield Services Limited charters Excellence I from ICBC Financial Leasing Co., with the newbuild jackup to commence operations offshore China in July.

COSL, Statoil Reach Settlement on Dispute Over Stand-by Fees for 2 Semisubs
Wednesday, June 18, 2014China Oilfield Services Limited reaches settlement with Statoil concerning a dispute related to stand-by fees of two semisubs.

Delivery of COSL's HYSY944 Jackup Expected in Late 2015
Monday, June 02, 2014China Oilfield Services Limited discloses that construction of HYSY944 jackup has commenced recently, with delivery expected in late 2015.

Vietnam, China Trade Barbs After Vietnamese Fishing Boat Sinks
Tuesday, May 27, 2014COSL says it has finished its first round of drilling and moved its rig to another site in the area.

COSL Inks Contract to Charter Newbuild Jackup Gulf Driller I for 6 Years
Tuesday, May 13, 2014China Oilfield Services Limited inks contract with ICBC Financial Leasing Co. to charter newbuild jackup Gulf Driller I for six years.

COSL Completes 3D Seismic Survey in Block 33/07 in East China Sea
Wednesday, May 07, 2014China Oilfield Services Ltd. completes 3D seismic survey in Block 33/07 in the East China Sea.

COSL Signs Deal with CNOOC's Unit to Charter Newbuild Jackup HYSY 932
Tuesday, April 29, 2014COSL signs a five-year charter deal with CNOOC International Financial Leasing Co. for newbuild jackup HYSY 932.

CIMC Raffles Delivers Newbuild Jackup HYSY 932 to COSL
Wednesday, April 16, 2014CIMC Raffles delivers HYSY 932 to China Oilfield Services Limited, with the newbuild jackup to head to China's Bohai Bay soon to commence operations.

COSL's Newbuild PSV Prepares to Commence Work in South China Sea
Thursday, April 10, 2014China Oilfield Services Limited takes delivery of a newbuild HYSY613 platform supply vessel, which will commence operations in South China Sea in mid-April.

COSL Delivers COSL7 Module Rig, Heads to Gulf Of Mexico to Prepare for Work
Wednesday, March 05, 2014COSL announces that COSL7 module rig has been delivered and is headed for the Gulf of Mexico for installation of modules and pre-operation testing.

COSL Inks Contract to Supply COSL4 Module Rig to Pemex
Wednesday, January 08, 2014COSL inks contract with Pemex to supply the COSL4 module rig for operations in the Gulf of Mexico over a period of over 1,700 days.

Newbuild COSLGift Heads for Southeast Asia for First Assignment
Friday, January 03, 2014China Oilfield Services Limited announces that newbuild jackup COSLGift is heading for Southeast Asia to begin its first assignment.

Newbuild COSLHunter Heads to Gulf of Mexico for Pemex's Assignment
Tuesday, December 10, 2013Newbuild jackup COSLHunter heads to the Gulf of Mexico to commence work for Pemex.

Pemex Renews Contracts with COSL for Module Rigs COSL1, COSL2
Thursday, November 28, 2013China Oilfield Services Limited has renewed contracts for module rigs, COSL1 and COSL2, with Pemex at higher day rates.

COSL Contracts DSIC Offshore, CMHI to Build 1 Semisub, 2 Jackups
Friday, November 01, 2013China Oilfield Services Limited signs contracts with Dalian Shipbuilding Industry Offshore and China Merchants Heavy Industry to build a deepwater semisub and two jackups for delivery between 2015 and 2016.

COSL's NH9 Semisub to Drill for CNOOC in South China Sea Soon
Thursday, October 31, 2013China Oilfield Services Limited reports that its recently acquired aftermarket semisub NH9 will commence drilling operations for CNOOC in the South China Sea.

COSLProspector Completes Construction Milestone
Monday, September 30, 2013COSL announces that assembly of the upper and lower hulls of the COSLProspector semisub at Yantai CIMC Raffles Offshore's yard in China has been completed.

Iraq Awards $348M of Drilling Deals for Maysan Oilfields
Tuesday, September 03, 2013Iraq has awarded $347.8 million worth of drilling contracts for the Maysan oilfields in the south of the country, a government statement says.

COSL Acquires 2 Newbuild Jackups
Tuesday, August 20, 2013China Oilfield Services Limited acquires two jackups currently under construction in China.

COSL Acquires Semisubmersible to Boost Drilling Fleet
Monday, August 12, 2013China Oilfield Services Limited acquires a semisubmersible to add to the company's drilling fleet.

COSL Wins Contracts to Build 15 Vessels
Friday, June 28, 2013China Oil Services Limited clinches contracts to build 15 vessels.