Welcome to COSL Drilling Europe AS

COSL Drilling Europe AS is a subsidiary to China Oilfield Services Limited, Beijing, China. COSL Drilling Europe AS head office is located in Stavanger, Norway.

COSL Drilling Europe AS owns two accommodation rigs, COSLRigmar and COSLRival, both operating on long term contracts for ConocoPhillips.

Currently the company has one semi submersible drilling unit under construction at Yantai CIMS Raffles Shipyard, at Yantai. COSL Drilling Europe has a mission to build and operate fit for purpose semi submersible drilling units and provide world class offshore drilling and well operations anywhere in the North Sea. COSL has taken delivery of the first unit COSLPioneer in November 2010, and the unit has been awarded an up to 5 year contract with Statoil with start-up in May 2011. The rig arrived April 2011 and are now working on the second exploration well.

Delivery and naming ceremony of COSLInnovator was marked on October 21, 2011. The rig will arrive Norway in March/ April 2012.

COSLInnovator and COSLPromoter both have firm contracts with Statoil on the Troll Production Licence. The fixed contract period for each of these rigs is 8 years plus 8 x 1 year options. Start-up for these contracts are scheduled to be respectively 2011 and 2012.

Our vision is to be the preferred supplier of accommodation and drilling services.

Press release COSLProspector COSL Drilling Europe has Thursday 1 December 2011 signed a contract with Yantai CIMC Raffles Offshore for the construction of a deepwater semi-submersible drilling unit capable of operation in water depths down to 1500 metres. Read more

Full klaff fra første brønn med COSLPioneer Det meste fungerte meget bra under boringen av Dr. No, første letebrønn med den nye riggen COSLPioneer. Read more

New milestone for COSL Drilling Europe The naming and Delivery Ceremony for COSLInnovator was arranged 21 October 2011 at CIMC Raffles Shipyard in Yantai, China. Read more