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 is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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