Norway’s Petroleum Safety Authority (PSA) has revealed in its investigation of a fatality aboard the COSL Innovator, that the rig was not built to endure weather conditions that occurred on the night of 30 December, however, COSL Drilling Europe conducted its own heavy-hitter investigation…
COSL Drilling Europe will cut to some 230 jobs from its workforce, as a direct result of Norwegian giant Statoil terminating its contract for the COSLInnovator semisubmersible contract earlier this month. The COSLInnovator…
Norway's Statoil has terminated its contract with COSL Offshore Management for the semisubmersible drilling rig COSL Innovator, which it was using on the Troll field in the Norwegian North Sea. One man died and two more wre injured after a wave hit the rig on 30 December last year…
A floating production vessel working on CNR International Banff field has become the latest victim to bad weather in the UK. The Teekay-owned Petrojarl Banff unit, based some 190km east of Aberdeen, saw two of its 10 achor lines 'lose tension' at around midnight on 3 January…
Ongoing storms in the North Sea have seen another vessel break loose and start drifting. According to reports on Norwegian news sites, the Safe Bristolia flotel, which was being towed from the UK to Poland, is drifting about 120km offshore Scotland…
Oil firm BP has started returning staff to its Valhall complex after evacuating the facility when an adrift barge started drifting towards it as fierce weather continued to wreak havoc across the UK and Norway. ConocoPhillips had also downmanned its Eldfisk platform earlier today…
One person has died and two more were injured after a breaking wave hit the COSL Innovator semisubmersible drilling rig around 5pm local time on 30 December, Statoil announced. The rig, which is under contract with Statoil for the Troll field in the North Sea…
Primeline Energy Holdings has started drilling operations on the LS30-3-1 well in the East China Sea. Following the plug and abandon operation of LS23-1-1 announced 28 October, Primeline’s contractor, China Oilfield Service Ltd. (COSL)…
Primeline Energy Holdings announced that its drilling contractor China Oilfield Service (COSL) started the mobilization of the rig for the drilling operation of LS23-1-1 well, in the East China Sea. Following the signing of the drilling…
Magadanmorneftegaz, Lisyanskmorneftegaz (joint ventures of Rosneft and Statoil) and China Oilfield Services Ltd. (COSL) signed a contract to drill two exploration wells in 2016. The wells will be drilled in the Magadan-1 and Lisyansky areas of the Okhotsk Sea…
Primeline Energy has entered into a turnkey drilling contract with China Oilfield Service Ltd. (COSL) for its 2015 exploration program of two wells in Block 33/07 in the East China Sea. Under the terms of the drilling contract, COSL has…
Maersk Drilling has been awarded a contract extension for the jackup rig Mærsk Innovator with ConocoPhillips Norway for work on the Eldfisk field, part of the greater Ekofisk area, offshore Norway. The duration of the contract extension is 16 months…
Primeline Energy has contracted China Oilfield Service Co. (COSL) as drilling contractor for its Block 33/07 exploration program in the East China Sea. Primeline says the rig market has proved favorable with good availability of suitable rigs and competitive prices…
Engineering firm Plexus has agreed a collaboration deal with China Oilfield Services Ltd. (COSL), Red Sea Technologies (RST) and Plexus' Chinese licensing partner Yantai Jereh Oilfield Services Group, to explore for shallow water subsea and crossover wellhead production systems in China…
Statoil will cancel the contract with the China Oilfield Services Ltd. (COSL) vessel, COSL Pioneer, about 13 months before the expiry date of August 2016, reports the company. COSL Pioneer has been suspended since 8 October 2014 and Statoil…
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