COSLPioneer Semi-Submersible Rig Starts Operation Offshore Norway

China Oilfield Services Limited today announced that its semi-submersible drilling platform COSLPioneer has commenced operation after fulfilling the technical requirements of Statoil ASA, a Norwegian energy company.

Drilling platforms operating in the North Sea have to be equipped with technologically-advanced facilities, highly reliable and adaptive to the harsh operating environment.

In addition, the drilling platform operating companies have to meet the Quality, Health, Safety and Environment (QHSE) Management standards the client requires. With top-rated organization structure, management system, advanced and well-maintained equipment including COSLPioneer, high level of sophistication of the crew members, COSL Drilling Europe AS (“CDE”), a wholly-owned subsidiary of COSL, was quickly granted an Amic positioning system FMEA measurement, the stability and inertia of route examination, swing and speed measurements, energy consumption and vibration and noise analysis, laying a solid foundation for the completion of HYSY 708’s construction and navigation equipment, dynamic positioning system FMEA measurement, the stability and inertia of route examination, swing and speed measurements, energy consumption and vibration and noise analysis, laying a solid foundation for the completion of HYSY 708’s construction.

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Source:COSL , August 29, 2011;