China Oilfield Services Limited (COSL) is expected to have another solid year in 2021 as offshore capital spending is set to surge to record levels in China.
COSL has signed a deal with Nexen for a drilling campaign on its Buzzard Phase 2 development.
Rig contractor COSL has been ordered to improve its safety measures after a 25-tonne lifting frame was dropped on its Pioneer vessel.
Providence Resources said today that Chinese firm Apec will buy into the Barryroe oil field, off the south coast of Ireland.
Huge modification costs could be necessary to floating rigs in Norway in the wake of 100ft wave which killed a on oil worker.
A Norwegian district court has ruled a group of oil workers are entitled to an extra month’s pay, after they were terminated by email.
A tribunal at a Norwegian court will begin today into whether an email sent to hundreds of employees by COSL was a valid form of dismissal from the company.
The owners of a rig on which an oil worker died after being hit by a huge wave have been issued with a safety order from authorities after violating safety regulations.
The Norwegian Petroleum Safety Authority (PSA) has warned the oil and gas sector it must take action to tackle safety after a report on petroleum activity risk levels (RNNP).
A Norwegian district court has opened the way for all 229 employees who were dismissed from Norwegian drilling company COSL via email on 30 June last year to participate in a class action against the firm.
Unions have hit out at Statoil’s decision to cut ties with COSL, insisting the move puts 600 jobs at risk.
Statoil has chosen to terminate as rig contract with COSL while also suspending another agreement with the company.
The owners of a drilling rig on which an oil worker died after it was hit by a huge wave during a North Sea storm said it could find no design fault.
China Oilfield Services Limited (COSL) will drill two offshore exploration wells for Russia's Rosneft ROSN.MM, the Kremlin-controlled oil giant said on Wednesday, as it is trying to overcome restrictions related to Western sanctions.