China Oilfield Services Ltd 2016 AR2
The report outlines China Oilfield Services Limited's (COSL) financial, social, and environmental performance for the fiscal year 2016. Facing a challenging low oil price environment, the company expanded its international operations, adding new regions in the Far East and Africa, and achieved a total revenue of RMB 15,085.5 million. COSL advanced its technological capabilities, commercializing self-developed Drilog LWD and Welleader RSS systems, and maintained high equipment availability at 99.39%. On the sustainability front, the company optimized its QHSE management system, achieved an OSHA recordable incident rate of 0.10, and invested RMB 3.574 million in energy saving and emission reduction initiatives.
Company: China Oilfield Services Ltd
Sector: Mining & quarrying
Country: China
Year: 2016
Type: AR2
Pages: 196
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China Oilfield Services Ltd
Annual Report
The report outlines China Oilfield Services Limited's (COSL) financial, social, and environmental performance for the fiscal year 2016. Facing a challenging low oil price environment, the company expanded its international operations, adding new regions in the Far East and Africa, and achieved a total revenue of RMB 15,085.5 million. COSL advanced its technological capabilities, commercializing self-developed Drilog LWD and Welleader RSS systems, and maintained high equipment availability at 99.39%. On the sustainability front, the company optimized its QHSE management system, achieved an OSHA recordable incident rate of 0.10, and invested RMB 3.574 million in energy saving and emission reduction initiatives.
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Document Details
Report Year
2016
Reporting Period
Jan 1, 2016 - Dec 31, 2016
Fiscal Year
2016
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Energy Consumption
Water Consumption
Women in Management
Workplace Fatalities
Employees