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Home›Business & Finance›COSL’s jack-up drilling rig stays in Indonesia with Saka
Business & Finance

April 15, 2016 · about 10 years ago

COSL’s jack-up drilling rig stays in Indonesia with Saka

China’s COSL Drilling has obtained a contract extension for one of its jack-up drilling rigs. The driller said that the Hai Yang Shi You 937 jack-up rig will continue working for Indonesian oil company Saka. COSL said that the Indonesian state-owned offshore oil exploration and development company h

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China’s COSL Drilling has obtained a contract extension for one of its jack-up drilling rigs.

The driller said that the Hai Yang Shi You 937 jack-up rig will continue working for Indonesian oil company Saka.

COSL said that the Indonesian state-owned offshore oil exploration and development company has extended the rig’s contract for a further 180-day period.

The financial details of the extension were not disclosed. According to Marine Traffic, the drilling rig is currently moored north of East Java, Indonesia.

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