Search results for: COSL Drilling

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A list of search results

  • 3 July 2020
    Business & Finance, Business developments & projects, Exploration & Production

    COSL Drilling Europe has signed a letter of intent for the use of COSLInnovator rig on the Norwegian Continental Shelf starting early next year.

  • 3 June 2020
    Business & Finance, Business developments & projects

    COSL Drilling Europe (CDE) has signed a master framework agreement with Equinor on the Norwegian Continental Shelf, that fully enables it to provide additional drilling units and services to the oil major.

  • 19 May 2015
    Business & Finance, Equipment, Exploration & Production

    PSW Group has entered into a frame agreement with COSL Drilling Europe for Subsea & Riser Maintenance services of the company’s drilling rigs.   According to PSW, the agreement has a duration of 3 years and with an optional period of 2 years. Work under the contract has already started. The scope of work is […]

  • 1 August 2018
    Exploration & Production

    COSL Drilling Europe AS has signed a framework agreement with Wintershall for the potential use of its semi-submersible rigs.

  • 19 May 2015
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    PSW Group has entered into a frame agreement with COSL Drilling Europe for Subsea & Riser Maintenance services of the company’s drilling rigs. The agreement has a duration of 3 years and with an optional period of 2 years. Work under the contract has already commenced. The scope of work is for inspection, maintenance and […]

  • 11 April 2016
    Exploration & Production

    Offshore drilling contractor COSL Drilling has said that the Petroleum Safety Authority’s investigation report into a fatal incident on board the COSLInnovator rig will have consequences for many of the rigs on the Norwegian continental shelf.  The offshore safety authority published its investigation report on Friday, April 8, 2016. Separate from this, an internal investigation group, with members from COSL […]

  • 26 April 2016
    Exploration & Production

    A district court in Jæren, Norway has decided that all 229 employees who were dismissed from COSL Drilling in June 2015 can participate in a class action suit that the Norwegian union of energy workers, SAFE, has filed against the company.  In June 2015, the Norwegian oil company Statoil cancelled a contract it had with the […]

  • 14 March 2016
    Exploration & Production

    Offshore drilling contractor COSL Drilling Europe will axe 230 jobs as a result of a contract cancellation for one if its semi-subs with the Norwegian company Statoil.  To remind, Statoil recently terminated the contract for the offshore driller’s COSLInnovator rig, and suspended its contract for another COSL rig, the COSLPromoter. Both rigs were operating on the […]

  • 23 August 2013

    The Board of Directors of Falcon Energy Group Limited announced that its indirect subsidiaries, TS Amber Limited and TS Pearl Limited, have entered into two sale and purchase agreements and two novation agreements with COSL Drilling Power Pte Ltd and COSL Drilling Craft Pte Ltd respectively, to novate their rights and obligations under the shipbuilding […]

  • 21 March 2016
    Exploration & Production

    Norwegian oil company Statoil has re-mobilized previously suspended COSL Drilling’s semi-submersible rig COSLPromoter, and sent it back to the Troll field, offshore Norway.  To remind, Statoil recently decided to stop drilling operations with the COSLPromoter until it was “safe to discontinue well operations”. According to Statoil, this was done in order to enable COSL to implement the […]

  • 6 July 2015
    Business & Finance, Exploration & Production

    COSL Drilling Europe has reportedly secured a contract for its rig COSLRigmar with Maersk Oil. The COSLRigmar is a self-elevating jack-up accommodation rig built in 1979 and designed to operate in water depths up to 85 meter. The rig was converted to accommodation unit in 1992 in Brevik, Norway and is classed by Det Norske Veritas: Class 1A1 […]

  • 8 July 2016
    Exploration & Production

    The Petroleum Safety Authority Norway (PSA) changes the investigation report and its conclusion which stated that the structural design and dimensioning of COSLInnovator were not in accordance with the regulations at the time of the accident on December 30, 2015 in which one person died. At the time of the incident, COSL Drilling’s 2011-built COSLInnovator […]

  • 7 March 2016
    Exploration & Production

    China Oilfield Services Limited (COSL), a parent company of COSL Drilling Europe, is thinking about taking legal action against Statoil after the oil company terminated a rig contract it had with COSL Drilling.  To remind, the Norwegian oil company Statoil cancelled a contract with COSL Drilling for the COSLInnovator semi-submersible rig that was operating on the Troll […]

  • 28 August 2017
    Exploration & Production

    Offshore drilling contractor COSL Drilling Europe needs about 250 rig workers to staff two of its semi-submersible drilling rigs ahead of new contracts.  Back in July, the driller was awarded two new contracts for its drilling rigs. The first one was awarded by Nexen Petroleum for the COSLPioneer drilling rig for work in the UK sector […]

  • 6 March 2012
    Business & Finance

    ConocoPhillips UK has decided to extend its relationship with COSL Drilling Europe, awarding the company with a new four month contract plus two x 1 month option extensions for the COSLRival accommodation rig. The unit has been working for ConocoPhillips at Jasmine oil field, located in the North Sea, since April 2011, and will continue […]

  • 7 August 2018
    Exploration & Production

    Offshore drilling contractor COSL Drilling Europe has been awarded a contract for its COSLPioneer semi-submersible drilling rig.

  • 23 August 2013
    Business & Finance

    Singapore’s Falcon Energy Group Limited has confirmed that its indirect subsidiaries, TS Amber Limited and TS Pearl Limited, have entered into two sale and purchase agreements and two novation agreements with COSL Drilling Power Pte Ltd and COSL Drilling Craft Pte Ltd respectively, to novate their rights and obligations under the shipbuilding contracts relating to the […]

  • 30 May 2016
    Exploration & Production

    Offshore drilling contractor COSL Drilling has been hit by a safety order from the Norwegian offshore safety watchdog, the Petroleum Safety Authority (PSA), following a fatal incident on board one of COSL’s rigs at the end of 2015.  The offshore safety agency gave COSL Drilling Europe the order following investigation of the accident at COSLInnovator rig […]

  • 30 September 2015
    Exploration & Production

    The Petroleum Safety Authority Norway (PSA) has carried out an audit of COSL Drilling’s follow-up of anchoring systems. Since 2010, there have been a number of anchor line failures on the Norwegian Continental Shelf. The PSA says that during the period, COSL experienced a double line failure on the COSL Pioneer semi-submersible drilling rig. According […]

  • 26 July 2018
    Business & Finance, Exploration & Production

    COSL Drilling Europe has entered into an agreement with Tamarind Resources for drilling operations with HYSY 982 in New Zealand.

  • 14 November 2012

    COSL Drilling Europe today announced that its COSLInnovator semi-submersible drilling rig started operations on the Statoil’s Troll field in Norway. Statoil is using the rig to drill the well 31/2-K-23 in the Norwegian part of the North Sea. Statoil’s contract with COSL Drilling Europe for the use of COSLInnovator has a duration of eight years […]

  • 21 December 2011
    Business & Finance

    The second semi-submersible drilling rig COSL Innovator  produced by Yantai CIMC Raffles Offshore Ltd (CIMC raffles) for COSL Drilling Europe AS (CDE) departed from CIMC raffles on 8:00 AM 21th Dec 2011. Approximately 120 employees from the yard attended the see off Ceremony. It is the second deep water semi-submersible drilling platform built by Yantai […]