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| CNOOC to Provide Drilling Services for Indonesian Firm |
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China National Offshore Oil Corporation (CNOOC) has signed a contract to provide drilling and oil field maintenance for an Indonesian offshore oil firm. According to the contract with MEDCO MOECO Langsa Ltd (MML), a subsidiary of Tokyo-based MODEC Inc, the drilling rig - the Nanhai II - will commence operations in December and will last for three months. This is the latest overseas contract for the Nanhai II, operated by CNOOC's holding company China Oilfield Services Ltd (COSL), following on from its provision of drilling services to Genting Oil & Gas Limited, a Malaysia-based oil firm, in June. Listed in Hong Kong, COSL is a leading integrated oilfield services provider in the offshore China market under CNOOC, China's largest offshore oil producer. (Xinhua News Agency November 29, 2006) |
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