Greater China

COSL charters jack-up rig from ICBC Leasing

Shanghai: China Oilfield Services Limited (COSL) announced that it has chartered a 400-feet jack-up rig “Excellence I”, from ICBC Financial Leasing under an operating lease.

The rig has been scheduled to commence drilling operations in China waters by July 2014.

“Excellence I” is the third jack-up rig COSL chartered year-to-date, as part of its efforts to meet rapidly growing domestic demand. [30/06/14]

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