COSL to Drill Tui Field Wells for Tamarind Resources

Shailaja A. Lakshmi
Thursday, July 26, 2018

Offshore driller COSL Drilling Europe as entered into an agreement with Tamarind Resources for drilling operations with Hai Yang Shi You 982 (HYSY 982) in New Zealand.

Tamarind Resources owner of the Tui Field (PMP 38158) announced that it has entered into a contract with COSL Drilling Europe for the semi-submersible rig, HYSY 982 (HYSY 982 is the sister rig of COSLProspector).

 The contract consists of three firm wells, and options to extend the contract terms for up to one optional side-track development well and up to one optional exploration well, all to be drilled within the Tui permit. The drilling program is due to commence in Q2/Q3 2019.

Ian Angell, CEO of Tamarind, commented:  "We are very pleased to announce that we have entered into this contract with COSL for the HSYS 982. This rig is a new, sixth generation rig, that will bring a new level of sophistication in the drilling of offshore wells in this region."

Ian added: "We are excited by the potential that this campaign brings for Tamarind and to be undertaking this program with COSL, who will provide a rig that meets the highest health, safety, environmental and performance standards.”

"We are very excited and look forward to work together with Tamarind in New Zealand," commented Jorgen Arnesen, CEO of COSL Drilling Europe.

Categories: People & Company News Contracts Offshore Marine Equipment Offshore Energy

Related Stories

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Korea's Hanwha Raises Offer for Singapore's Dyna-Mac Takeover

India Opts Out of Buying Gas from Russia's Sanctioned Arctic LNG 2 Project

MacArtney Asia Named Regional Reseller for Select Teledyne Products

Oil Loadings at Russia's Western Ports on the Rise

China's First Purpose-built Offshore Wind SOVs Delivered

North Sea Realism in a Busy Market

IK Group Spins Off Norclamp

Environmental Group Backs Out of Scarborough Litigation

ADNOC Signs LNG Supply Agreement with Osaka Gas for Ruwais LNG Project

Current News

Sapura Scoops Petrobras Contract for Pan-Malaysia Offshore Services

Velesto’s Drilling Rigs Up for Automatization Overhaul Under New Tech Alliance

US Firm Finds Chinese Partner to Deliver Mobile Offshore Drilling Units

TotalEnergies and Oil India to Jointly Tackle Methane Emissions Issues

Keppel Reclaiming Control of 13 Rigs to Cash In on Offshore Drilling Market's Growth

Global Offshore Wind Stumbles to the End of '24

Seatrium Delivers Fifth Jack-Up to Borr Drilling

Malaysia's FPSO Firm Bumi Armada Eyes Merger with MISC’s Offshore Unit

Global OTEC Presents OTEC Power Module for Remote Offshore Platforms

Beam’s AI-Driven AUV to Hit Offshore Wind Market in 2025

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com