CIMC Deepsea Yantai Awarded with Two More Wells

Recently, Neptune energy, the mainstream oil and gas company of Norway, had awarded two more wells to the partnership between CIMC and ODJFELL Drilling for Deepsea Yantai to perform drilling operations in Dugong oilfield in Norwegian North Sea in 2021.

CIMC won the "6 + 10" wells drilling service contract from Neptune energy in 2019. After more options wells being confirmed, Deepsea Yantai is now holding a total of "13 + 8" wells drilling service contract securing operation up till 2022.

Deepsea Yantai is a sixth-generation deep water drilling platform equipped with DP3 dynamic positioning system and automatic drilling control system, suitable for the harsh environment in the Norwegian North Sea.Awarded bonus from customer for being on time for its drilling schedules, Deepsea Yantai had out performed most of the larger platforms in Norwegian waters in term of green and energy efficiencies .

In 2020, with great worldwide uncertainties and challenges brought upon by COVID-19, CIMC had overcome all obstacles and continued to participate actively at international business level, responding to China’s national call for "Dual Cycle" development to innovatively explore opportunities for cooperation with domestic governments and enterprises throughout the offshore and cross industrial supply chains. In 2021, CIMC strives to work together with our domestic and foreign partners with our high-quality assets, professional services and innovative business models to create a better future together.