China: CIMC Raffles Delivers Semisubmersible Drilling Rig to COSL

Yantai CIMC Raffles Offshore Limited (“CIMC Raffles”) , a comprehensive offshore solution provider capable of design, construction and commissioning of large offshore equipment and special vessels, today delivered semisubmersible drilling rig (“COSLPioneer”) to China Oilfield Services Limited.

The COSLPioneer is a semi-submersible drilling rig designed to operate in water depths up to 750 meter.The unit is designed for North Sea/ Norwegian Sea and world – wide use in harsh environments. Station keeping is maintained by an 8 line mooring system or by dynamic positionmode maintained by 6 fixed pitch, variable speed thrusters (DP3).

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Source: OET Staff, October  26, 2010;