5763 results found for 'cosl statoil'

5763 results found for 'cosl statoil'
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  • Statoil sends ‘COSLPromoter’ back to Troll field

    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 […]

  • Statoil extends suspensions for rig trio

    5 December 2014

    Norwegian oil company Statoil has extended the suspension times for three offshore drilling rigs. The company said that the reason for the extended suspension for COSL Pioneer, Scarabeo 5 and Songa Trym semi-submersibles was overcapacity in the rig portfolio. Statoil has also said that the suspensions are also a result of the failed attempts to mature […]

  • Transocean sees early end of contract with Statoil

    18 December 2015
    Business & Finance, Exploration & Production

    Statoil, a Norwegian oil major, has decided to cancel the contract with Transocean, a drilling contractor, for the drillship Discoverer Americas. The drillship has been on contract with Statoil since 2009, supporting Statoil’s exploration activities in East and North Africa and the Gulf of Mexico. Statoil was in the current environment unable to secure additional activity for […]

  • Rosneft: COSL to drill two wells in Okhotsk Sea

    2 September 2015
    Business & Finance

    China’s COSL signed a contract with Statoil and Rosneft to drill two exploration wells in the Magadan-1 and Lisyansky areas of the Okhotsk Sea in 2016. The driller has been hired by Magadanmorneftegaz, Lisyanskmorneftegaz, joint ventures of Rosneft and Statoil. COSL offered its semi-submersible drilling rig Nanhai-9 and won the tender based on a combined score […]

  • Faroe Islands: Statoil to Spud Brugdan II Well Soon

    13 June 2012

    Norway’s oil giant Statoil has completed drilling operations at Glitne oil field located in the Norwegian North Sea. The latest well at Glitne, drilled by the COSL Pioneer semi submersible rig, proved to be a dry-hole. According to the owner of the rig, COSL Pioneer, on June 6, departed the Glitne location and underwent preparations […]

  • Canada’s offshore oil & LNG with doors to wider markets safe from trade war tentacles, report finds

    2 May 2025
    Business & Finance, Business Developments & Projects, Exploration & Production, Outlook & Strategy, Transition

    With the first trade war shots fired, a new analysis has highlighted offshore oil production and liquefied natural gas (LNG), which have dipped their toes into broader market arenas, among products that can reap the benefits from the looming tariff threats, potentially paving the way for Canada to boost its economic might at a time of brewing global instability.

  • Statoil suspends contract for Saipem’s Scarabeo 5 rig

    1 July 2015
    Business & Finance, Exploration & Production

    Norwegian oil and gas giant Statoil has decided to suspend Saipem’s Scarabeo 5 rig due to overcapacity in its rig portfolio. According to Statoil, the suspension will take effect once Scarabeo 5 has completed drilling of a well on the Kristin field in the middle of August, and will last until March 1, 2016. Scarabeo […]

  • Statoil slashes Johan Sverdrup development costs

    18 January 2016
    Project & Tenders

    Statoil, a Norwegian oil and gas major, has cut the cost estimate for the development of one of the five biggest oil fields on the Norwegian Continental Shelf, Johan Sverdrup.  The field, operated by Statoil, is located on the Utsira Height in the North Sea offshore Norway, 155 kilometres west of Stavanger. The field will be […]

  • Equinor to pay $188 million to COSL after settling rig dispute

    10 January 2020
    Exploration & Production

    Offshore drilling contractor COSL has reached an agreement with Equinor in a dispute related to the validity of the termination of drilling rig contracts.

  • COSL, Equinor ink new master framework agreement

    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.

  • China: CIMC Raffles, COSL Ink Contract for New Semi-submersible Rig

    2 December 2011
    Business & Finance

    Yantai CIMC Raffles Offshore Limited and COSL Drilling Europe yesterday signed the contract for deepwater semi-submersible platform, the COSLPROSPECTOR, in Beijing. The COSLPROSPECTOR is a DP3 vessel with an operating depth of 1,500 metres, a drilling depth of 7,600 metres and a designed operating temperature of minus 20 degrees Celsius. Classed by DNV with basic […]

  • PSA inspects COSL Drilling’s anchoring systems

    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 […]

  • Union identifies offshore worker killed by giant wave in North Sea

    4 January 2016
    Exploration & Production

    Offshore Energy Today reported last week that an offshore worker had died after a heavy wave hit the COSL Innovator drilling rig offshore Norway. The worker has now been identified by his union, Industri Energi.  Rune Morten Narvåg, aged 53, was killed by a giant wave that hit the rig operating for Statoil in the […]

  • Statoil: Nexans umbilicals for Visund field

    4 February 2015
    Business & Finance, Equipment

    Statoil has signed a contract at a value of 4.5 million EUR ($5.15 M) for the fifth delivery of standardised umbilical cables developed by Nexans.  According to Nexans, Statoil’s Visund oil and gas field, located in the Tampen area of the Norwegian North Sea, will be the fifth project to use these standard umbilicals. The […]

  • PSA reviews pressure drilling on COSL Innovator

    18 July 2014
    Business & Finance, Equipment

    From 10 to 13 June 2014, the Petroleum Safety Authority Norway carried out an audit of Statoil’s use of managed pressure drilling using COSL Innovator on the Troll field. The objective of the activity was to audit that Statoil, the service providers, drilling contractor and other stakeholders, were planning, performing, and garnering experience from the […]

  • ‘Songa Endurance’ starts drilling for Statoil

    31 December 2015
    Exploration & Production

    Songa Endurance semi-submersible drilling rig has started drilling operations under its contract with Statoil in the Norwegian sector of the North Sea. The rig’s owner Songa Offshore broke the news on Thursday, saying that the rig “is now on operating rate”. The Songa Endurance is on an eight-year drilling contract with Statoil at the Troll oil and […]

  • Norway: Statoil Discovers Oil Column in Oseberg Area

    23 March 2012
    Business & Finance

    Statoil and its partners are in the process of concluding drilling operations in the exploration well 30/6-28S located in the production license PL053 in the Oseberg Area Unit. The well drilled by the rig COSL Pioneer proved an oil column of 12 metres in the Statfjord Formation. The estimated volume of the discovery is in […]

  • Subsea 7 Installs Nautronix NASNet on Aasta Hansteen

    15 April 2015
    Business & Finance, Equipment, Operations & Maintenance

    Nautronix has reported that the NASNet array in Statoil’s Aasta Hansteen field is fully operational and awaiting first field construction. Last year Nautronix secured an order with Subsea 7 to supply 16 NASNet stations along with a wet-stored spare station and three additional MTrx beacons to provide QC capabilities. Subsea 7 collected the full equipment spread […]

  • Statoil Extends COSLPioneer Contract

    2 August 2013

    COSL Drilling Europe AS, has announced that Norwegian oil company Statoil has exercised its second 2-year option for the COSLPioneer semi-submersible rig. Under the contract extension the rig will proceed to operate for Statoil until August 2016. The dayrate for the contract was not revealed. The COSLPioneer is a harsh environment semi-submersible drilling rig designed […]

  • Nexans’ Umbilicals for Statoil’s Visund Field

    4 February 2015
    Equipment, Project & Tenders

    Statoil’s Visund oil and gas field, located in the Tampen area of the Norwegian North Sea, will be the fifth project to use standard umbilicals developed by Nexans.  The standardised umbilicals are made up of electrical and fibre optic cables as well as hydraulic and chemical lines. Nexans will deliver 830 m of dynamic umbilical cables, […]

  • COSLPromoter Starts Drilling for Statoil (Norway)

    4 April 2013

    China Oilfield Services Limited has announced that COSLPromoter, a semi-submersible drilling rig of the Group, has officially commenced operation in Norwegian North Sea for an eight-year service contract with Statoil ASA on 2 April 2013 Norwegian Time. As COSL’s third semi-submersible drilling rig being deployed in Norwegian North Sea, COSLPromoter is designed to operate in […]

  • COSL scores seismic survey work in “Far East”

    6 June 2016

    China Oilfield Services Limited, a Chinese offshore services provider also known under the abbreviated name COSL, has won another seismic acquisition contract. In a statement on Monday, COSL said it will carry out a 3D seismic survey in the “Far East”, without providing the specific location. The company will use the Hai Yan Shi You […]

  • Heartwarming story from Norway

    26 December 2014
    Business & Finance, Exploration & Production

    A plot twist is a radical change in the expected direction or outcome of the plot of a novel, film, television series, comic, video game, or other work of narrative. That’s exactly what happened with one drilling contractor in Norway.   At the times when oil companies are cutting costs and scrapping projects, due to […]

  • CCB bags COSLPromoter rig survey work

    21 December 2016
    Business & Finance, Exploration & Production

    Norwegian Coast Center Base (CCB), a service provider in technical maintenance and harbor operations, has received a letter of intent for a renewal survey of the COSLPromoter rig. The survey on COSL Drilling’s semi-submersible drilling rig will be performed in May 2017. CCB noted that this is the only survey scheduled on the Norwegian Continental […]

  • China: CIMC Raffles, COSL Sign Contract for Construction of New Semi-Submersible Rig

    1 December 2011
    Business & Finance

    Yantai CIMC Raffles and COSL Drilling Europe (CDE) today signed the contract for deepwater semi-submersible platform, the COSLPROSPECTOR, in Beijing. The COSLPROSPECTOR is a DP3 vessel with an operating depth of 1,500 metres, a drilling depth of 7,600 metres and a designed operating temperature of minus 20 degrees Celsius. Classed by DNV with basic design […]