Greater China

Agility Group wins new rig contract for COSL

Beijing: Agility Group announced that it has entered into an agreement with China Oilfield Services Limited (COSL) to deliver detail engineering for the integration of the drilling package onto their latest drilling semisubmersible unit, Hai Yang Shi You 982.

Agility Group has been in close cooperation with COSL for a long period. The cooperation started with the design and engineering of the three semis for COSL that today are in operation for Statoil on the Norwegian continental shelf.

The new rig ordered by COSL is planned for operation in the South China Sea.

"This contract confirms AG China's position in the Chinese market", says Otto Søberg, ceo of Agility Group. "We have now managed to bring our competence related to drilling engineering into the market for newbuild of semisubmersibles in China. We have established good relations with COSL Beijing and with all the major construction yards in China, and we see a great potential in China in the future". [12/06/14]

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