CNOOC sets up joint venture with MSP/DRILEX

CNOOC sets up joint venture with MSP/DRILEX

China National Offshore Oil Corporation (CNOOC)’s subsidiary CNOOC Energy Technology & Services has established a joint venture with MSP/DRILEX, a global technology and service provider in the oil and gas industry.

The two parties will jointly develop deepwater oil and gas drilling equipment and systems.

CNOOC said the joint venture will greatly improve the company’s overall capacity in drilling technology and services.

CNOOC established a deepwater engineering subsidiary in Shenzhen last year.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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