COSL Deploys Deepwater Exploration Vessel in South China Sea

Business & Finance

China will soon put its very first deepwater exploration vessel into use in the South China Sea, according to China Petroleum Daily.

The statement did not indicate in which part of the South China Sea the vessel will be working.

‘Ocean Oil 708’ can work in 3,000 meters water depths and its drilling system can tap 600 meters below the seabed, statement by CNPC said.

CNPC unit, Baoji Oilfield Machinery Co, developed the drilling system for the vessel and delivered it to China Oilfield Services (COSL).

China Oilfield Services Limited (COSL) is the leading integrated oilfield services provider in the offshore China market. Its services cover each phase of offshore oil and gas exploration, development and production. Its four core business segments are geophysical services, drilling services, well services, marine support and transportation services. COSL possesses the largest fleet of offshore oilfield services facilities in China.

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Subsea World News Staff , December 26, 2011;  Image: COSL