COSL Selects Havyard Design for Four Vessels (China)

China Oilfield Services Limited (COSL) has chosen the Havyard 832 design for renewal of their supply vessel fleet, and has ordered Havyard designs for construction of four vessels.

The corporation, listed on the Hong Kong stock exchange, has the largest fleet of oil rigs and offshore vessels in China. COSL also owns 34 drill rigs, 2 accommodation rigs, 4 module rigs and 8 land-based drill rigs. Furthermore, the corporation has 75 supply vessels, 8 seismic vessels and 5 standby vessels.

Gunnar Larsen, Senior Vice President Market & Business Development Havyard Group based in Norway, commented: “It is very pleasing to once more receive confirmation that Havyard`s products are sought after and competitive in China. There have been several constructions of offshore vessels of a Havyard design both for Chinese and foreign shipowners in China. We see COSL`s decision in choosing Havyard designs as a confirmation that they have made good experiences with foreign operators. COSL is a customer everyone wishes to cooperate with and to deliver products to, and the market will notice that they are choosing Havyard now.”

The contract of these four designs is a further statement of a successful Havyard winter in Asia. Two weeks ago, the Havyard 843 design «Kan Tan 225» was named and delivered to Sinopec in China. In November, Havyard also sold designs for two vessels with an option for six further design deliveries for vessels to Basic Offshore in Singapore, potential constructions that will also take place in China.

[mappress]
December 11, 2012