COSLPioneer, image: COSL
Norway’s offshore safety regulators have given Statoil consent to use the COSLPioneer drilling rig to drill and complete a pair of wells at the Visund oil field on the Norwegian sector of the North Sea. The field lies in 335 meters of water.
Between Visund North and Visund South, total recoverable reserves are estimated at 29 million barrels of oil equivalent (boe) and the total investment for the field development is NOK 3.3 billion, according to Statoil.
COSLPioneer is a Global Maritime-design GM4000 semi-submersible drilling rig with an overall length of 104.5 meters, an overall width of 65 meters and an overall depth of 36.85 meters. It has a design draught of 9.5 – 17.75 meters and is designed to operate in water depths of 70 – 750 meters. It has a racking capacity of 7,500 meters and a variable load capacity of 4,000 metric tons. It can support accommodation for up to 120 cabin crew. It is equipped with DP3 dynamic positioning and anchor mooring positioning systems and an unmanned cabin design.
Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.
Join the 109,013 members that receive our newsletter.
Have a news tip? Let us know.
U.S. President-elect Donald Trump is serious about trying to acquire Greenland, both to expand America's sphere of influence in the Western Hemisphere and as a way to cement his legacy, according to three sources familiar with his thinking.
Shell has announced the successful startup of its newest floating production facility, Whale, in the deepwater Gulf of Mexico, marking a significant advancement in offshore energy production. The state-of-the-art facility,...
Van Oord has taken delivery of its groundbreaking offshore installation vessel Boreas during a ceremony at China’s Yantai CIMC Raffles shipyard. The methanol-powered vessel represents a significant leap forward in...
Maritime and offshore news trusted by our 109,013 members delivered daily straight to your inbox.
Essential news coupled with the finest maritime content sourced from across the globe.
Sign Up
Join The Club
