Companies / China
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COSL To Buy Awilco in US$2.5bn Deal
July 2008 | Industry NewsSorry, you must be a subscriber to view this article in full. If you are a subscriber please login.
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China Oilfield Services Ltd (COSL), the offshore oil services arm of China National Offshore Oil Corporation (CNC), has agreed to buy Norwegian driller Awilco Offshore in a deal which will significantly boost COSL's drilling capacity and add scope for further international expansion.