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COSL buys Awilco in 1st overseas deal

by Fu Chenghao

CHINA Oilfield Services Ltd has agreed to buy Norway's Awilco Offshore ASA for about US$2.5 billion to expand capacity and widen its footprint overseas. Beijing-based COSL, a unit of China National Offshore Oil...

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<p><a href="http://www.shanghaidaily.com/sp/article/2008/200807/20080708/article_366006.htm"> COSL buys Awilco in 1st overseas deal </a> by -- CHINA Oilfield Services Ltd has agreed to buy Norway's Awilco Offshore ASA for about US$2.5 billion to expand capacity and widen its footprint overseas. Beijing-based COSL, a unit of China National Offshore Oil... </p>