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.
Statoil Drills Dry Hole Offshore Norway
Iran Calls Proposed Saudi-Russian Oil-output Freeze ‘Ridiculous’
Production Begins at Shell Nigeria Bonga Phase 3 Project