NewsThe Offshore Frontier

Vår Energi exercises second option for COSLPioneer semisubmersible

Vår Energi exercised a second option for COSL Drilling Europe’s semisubmersible COSLPioneer on the Norwegian Continental Shelf.

The COSLPioneer is a harsh-environment semisubmersible capable of operating in water depths of up to 750 m. The rig maintains station keeping through an eight-line mooring system or dynamic positioning mode supported by six fixed-pitch, variable-speed thrusters.

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