OREANDA-NEWS. April 27, 2011. Recently, COSSA BVI Ltd., the Philippine oversea company of China oilfield services limited(“COSL” or “the company”), renewed its contract with Philippine Energy Development Corporation EDC for well cementing works of LIHIR project in Papua New Guinea PNG for a year, reported the press-centre of COSL.

Under the contract, the Oilfield Chemical Division of COSL will provide well cementing engineering design, pumping sets, staff and downhole tools for the project.

This is the fifth contract period of the two parties. The contract’s renewal marks COSL has been fully recognized by the partner EDC and operator LIHIR Gold Group for its tremendous technical strength since its debut in PNG’s well cementing market, laying a solid foundation for the further development of its international market.