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COSL wins offshore services contract in Mexico

COSL wins offshore services contract in Mexico
China Oilfield Services Limited (COSL) has inked a deal with Mexico’s Hokchi Energy, subsidiary of Pan American Energy, to provide offshore rig and logistics integrated services.

COSL will deploy its jackup drilling rig COSL Hunter and offshore vessel HYSY 614 to the Gulf of Mexico for this project.

The operations will commence in October this year. Financial details of the contract were not disclosed.

COSL said this is the first oilfield service project available for tender by oil companies outside of Mexico.

“This marks the first foothold in Gulf of Mexico by COSL’s marine support segment, extending the company’s industry chain there successdully,” COSL said on its website.

It added that the contract win also demonstrated the company’s unique integrated project management advantage and continuous efforts in international expansion.