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china oilfield services-a (601808) Details

China Oilfield Services Limited, together with its subsidiaries, provides integrated offshore oilfield services in Mainland China and internationally. The company operates through four segments: Drilling Services, Well Services, Marine Support Services, and Geophysical and Surveying Services. The Drilling Services segment provides drilling, module rigs, land drilling rigs, and drilling rigs management services. As of December 31, 2016, it operated and managed a total of 44 drilling rigs, including 33 jackup drilling rigs and 11 semi-submersible drilling rigs; 2 accommodation rigs; and 5 module rigs. The Well Services segment offers onshore and offshore well services, including logging, drilling and completion fluids, directional drilling, cementing, well completion and workover, simulation, etc. The Marine Support Services segment owns and operates offshore vessels that provide services for offshore oil and gas fields exploration, development, construction, and production. This segment also offers anchor handling for various water level, towing of drilling rigs/engineering barges, oil lifting, offshore transportation, standby, firefighting, rescue, oil spill assisting, and other marine support services. It operates and manages approximately 130 vessels, including ahtS vessels, platform supply vessels, and oilfield standby vessels. The Geophysical and Surveying Services segment provides offshore seismic acquisition, offshore geo-surveying, seismic data processing and interpretation, and underwater engineering services. It owns six towing streamer seismic vessels, one professional source vessel, one undersea cable team, four integrated marine surveying vessels, two underwater engineering vessels, and two support vessels. China Oilfield Services Limited also issues bonds. The company is based in Beijing, China. China Oilfield Services Limited is a subsidiary of China National Offshore Oil Corporation.

14,927 Employees
Last Reported Date: 03/21/17

china oilfield services-a (601808) Top Compensated Officers

CEO, President & Executive Director
Total Annual Compensation: CNY482.0K
Executive VP, CFO & Executive Director
Total Annual Compensation: CNY604.0K
Compensation as of Fiscal Year 2016.
china oilfield services-a
China Oilfield Services Limited Announces Executive Changes

On 27 February 2018, the board of directors of China Oilfield Services Limited accepted the written resignation from Mr. Li Feilong in respect of his post of an executive director, executive vice president and CFO. The resignation of Mr. Li Feilong was due to the change of his personal work arrangement and will take effective 28 February 2018. The Board has decided to appoint Mr. Zheng Yonggang as the CFO of the company effective 28 February 2018.

China Oilfield Services Limited Provides Capital Expenditure Guidance for the Year 2018

China Oilfield Services Limited provided capital expenditure guidance for the year 2018. It is estimated that the capital expenditure of the company for 2018 will be approximately RMB 2.5 billion and will be used in construction projects in progress, upgrading of equipments, purchasing oilfield technical equipments and etc.

China Oilfield Services Limited, Board Meeting, Jan 29, 2018

China Oilfield Services Limited, Board Meeting, Jan 29, 2018. Agenda: To discuss and approve the connected transaction of purchasing Relevant Assets of Tepu Geophysics Branch of CNOOC Energy Development Co., Ltd.; and to consider and approve the connected transaction of purchasing relevant assets of Drilling-Repairing Machine Business.


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