COSL

Drilling units and operations

COSL Drilling Europe AS owns and operates 3 drilling units and 2 accommodation units. All units are located in the North Sea area and for the time being one drilling unit and one accommodation unit are operative. The remaining units are warm-stacked in Norway.

The three drilling units were delivered from the Yantai CIMC Raffles Offshore yard from November 2010 to May 2012.

In addition the construction of the 4th drilling unit, COSLProspector, started in summer 2012 and the drilling unit was delivered in Q1 2015 from the Yantai CIMC Raffles Offshore yard. COSLProspector will be capable of operating in harsh environments with a water depth range from 100 meter to 1,500 meter. This drilling unit is for the time being in China.

The vision for COSL Drilling Europe is to be the preferred supplier of drilling- and accommodation services.

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