Chinese offshore driller COSL posts steep drop in profit

China’s top offshore drilling contractor see lower financial returns in first quarter despite cost-cutting measures

Profit drop: China Oil Service Co Ltd's office in Yanjiao, Hebei province, China
Profit drop: China Oil Service Co Ltd's office in Yanjiao, Hebei province, ChinaPhoto: XU YIHE/UPSTREAM
Published 29 April 2021, 08:03Updated 29 April 2021, 08:24