China Oilfield Services Limited (OTCPK:CHOLF) Q3 2025 Earnings Call October 30, 2025 4:30 AM EDT Company Participants Ji Qie - Chief Financial Officer Conference Call Participants Yiming Wang - BofA Securities, Research Division Beina Yan - China International Capital Corporation Limited, Research Division Huaxin Miao - Macquarie Research Presentation Unknown Executive [Interpreted] Dear ladies and gentlemen, investors, and analysts, good afternoon. Thank you all for joining the 2025 Third Quarter Earnings Call of China Oilfield Services Limited today.
| Energy Equipment & Services Industry | Energy Sector | Mr. Shunqiang Zhao CEO | OTC PINK Exchange | CNE1000002P4 ISIN |
| CN Country | 15,509 Employees | 11 Jun 2025 Last Dividend | - Last Split | - IPO Date |
China Oilfield Services Limited (COSL) operates as a comprehensive provider of integrated oilfield services. Founded in 2001 and headquartered in Sanhe, China, COSL has expanded its operations beyond mainland China to include international markets in Indonesia, Mexico, Norway, the Middle East, and other global locations. As a subsidiary of China National Offshore Oil Corporation, COSL has established a significant presence within the oil and gas industry by offering a wide range of services through its various business segments. These include Geophysical exploration and engineering survey Services, Drilling Services, Oilfield technical services, and Ship services. Through its vast array of services, COSL supports the exploration, development, and production activities of oil and gas companies, helping them to meet their operational needs efficiently and cost-effectively.
This segment is dedicated to providing seismic exploration and engineering survey services. These are critical in the initial stages of oil and gas exploration, helping companies identify potential extraction sites by mapping geological formations with precision.
COSL's Drilling services cover a broad spectrum of needs in the drilling stage, including offering advanced drilling technology and equipment. This service is essential for the successful drilling of wells and the safe extraction of hydrocarbons from beneath the Earth's surface.
This segment provides a comprehensive suite of technical services that support the operational efficiency and productivity of oilfields. Services offered include well logging, drilling fluid, directional drilling, cementing and completion, production enhancement, and resource material integration. These services are integral to optimizing the performance and lifecycle of oil and gas fields.
COSL's Ship services offer transportation for materials, cargo, and personnel involved in offshore oil and gas operations. It includes maritime protection, relocation and positioning of drilling platforms, offshore engineering services, vessels towing and anchoring, and transport of crude oil and refined petroleum products. This ensures the smooth logistical operation and support for offshore drilling and production activities.