Wärtsilä announced the contract to supply 40 Wärtsilä 20DF dual-fuel engines for 12 new LNG-fuelled platform supply vessels (PSVs), which are the first such vessels to be built for China Oilfield Services Co Ltd (COSL).

China Oilfield Services Limited (COSL) has announced that the company is to sell two tankers and related business to Northsea Shipping for a price of RMB84.8m ($12.2m).

China Oilfield Services Limited (COSL) is expected to significantly narrow its first half loss compared to the year-ago period, due partly to improved asset utilisation and increased contributions from its technology business.

China Oilfield Services Limited (COSL) has narrowed its first quarter loss compared to the year-ago period, aided by improved contributions from businesses in its various oilfield services segments.

China Oilfield Services Limited (COSL) has reported a loss of RMB11.46bn ($1.66bn) in 2016 due mainly to huge impairments of approximately RMB7bn on the back of the weak offshore oilfield services market.

COSL Offshore Management, subsidiary of COSL Drilling Europe, has filed a statement of claim to Oslo’s district court against Statoil demanding payment of around $15.24m over an altered drilling contract.

China Oilfield Services Limited (COSL) has warned investors of a net loss of RMB11.7bn ($1.7bn) for financial year 2016 due mainly to lower work volumes on the slump in oil prices.

China Oilfield Services Limited (COSL) has filed a civil action against Norway’s Statoil over the termination of a rig chartering contract.

China Oilfield Services Limited (COSL) saw its first half profit plunged deep into the red as the group accounted for impairment charges of more than RMB7bn ($1.05bn).

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.

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