HomeEXPLORATIONChina’s COSL secures...

China’s COSL secures $1.9 billion offshore contracts from Middle East company

China Oilfield Services Ltd (COSL) has has signed several long-term drilling rig service contracts with a “first-class international oil company in the Middle East,” with a total contract amount of approximately $1.9 billion, the company said.

The contract marks “deepening cooperation between the company and international oil companies in various fields of oilfield exploration and development,” COSL noted in a press release.

After the implementation of the project, the company’s overseas business service in the Middle East will form a new market pattern of “all-round integration into the Arabian Gulf, all-round community formation and all-round promotion of high-quality development”. In this cooperation, the COSL will fully activate the large-scale operation capability of its largest offshore drilling service fleet in the world, and upgrade and speed up to ensure the implementation of oilfield exploration and development needs of key customers.

Continue reading

De Nora completes one of the world’s largest produced water recycling projects

e Nora, a global leader in the delivery of sustainable technologies, is pleased to announce the completion of phase one of its Delaware Basin Wastewater Recycling Project, achieving aspirational produced water rates exceeding 140,000 barrels per day – a...

Wärtsilä to help modernise leading Nigerian food company power generation facilities

he technology group Wärtsilä will supply fuel-flexible dual-fuel engines to extend, improve, and modernise power generation for a captive power plant at Nigeria’s oldest and largest food and agro allied company, Flour Mills Nigeria. The company’s Lagos-based power plant is...

Reverse engineering: More than a practical and cost-effective solution

n the world of high-tech machinery, software or hardware for that matter, it often happens that purchasing a replacement part or component from an original equipment manufacturer (OEM) is not an option. Also, amidst the persisting Covid-19 pandemic situation, many...