COSL Drilling Europe AS is a subsidiary to China Oilfield Services Limited, Beijing, China. COSL Drilling Europe AS is located in Stavanger, Norway.
COSL Drilling Europe AS owns two accommodation units, COSLRigmar and COSLRival, both operating on the Norwegian continental shelf (NCS) on long term contracts for ConocoPhillips.
Currently the company has three semi submersible drilling units under construction at Yantai 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 world. We will provide exploration, exploitation and increased oil recovery operations in offshore regions anywhere our clients may require. COSL will take delivery of the first rig COSLPioneer in 2010, and the unit will be ready for operations in European waters early 2011.
COSL Pioneer docked at Yantai Raffles Shipyard China