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China Oilfield Services Ltd (2883.HK)

2883.HK on Hong Kong Stock

7.47HKD
30 Mar 2017
Change (% chg)

HK$0.02 (+0.27%)
Prev Close
HK$7.45
Open
HK$7.45
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HK$7.49
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HK$7.38
Volume
10,169,182
Avg. Vol
17,583,758
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HK$8.53
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HK$5.63

Latest Key Developments (Source: Significant Developments)

China Oilfield Services to pay cash 0.05 yuan per share as FY 2016 div payment
Tuesday, 21 Mar 2017 10:28pm EDT 

China Oilfield Services Limited <601808.SS> :Says it plans to pay cash 0.05 yuan per share as FY 2016 div payment.  Full Article

China Oilfield Services swings to red in 2016 with net loss of 11.5 bln yuan
Tuesday, 21 Mar 2017 08:45am EDT 

China Oilfield Services Ltd <601808.SS><2883.HK> :Says it swings to net loss of 11.46 billion yuan ($1.66 billion) in 2016 versus net profit of 1.07 billion yuan year ago.  Full Article

China Oilfield Services sees 2017 capex at about RMB2.5 bln
Thursday, 19 Jan 2017 05:43am EST 

China Oilfield Services Ltd <601808.SS>: Company expects work volumes of business segments and service prices of its partial business will increase with varying degrees in 2017 .Estimated that capital expenditure of company for 2017 will be approximately RMB2.50 billion.  Full Article

China Oilfield expects net loss for 12-mnths ended Dec. 31
Thursday, 19 Jan 2017 05:35am EST 

China Oilfield Services Ltd <601808.SS>: Estimated net loss attributable for 12 months ended 31 dec 2016 will be about RMB11.70 billion .Expected result due to oil price falling below US$30 per barrel.  Full Article

China Oilfield Services says COM files statement of claim against Statoil
Wednesday, 14 Dec 2016 06:04am EST 

China Oilfield Services Ltd <2883.HK>: Com has claimed that statoil's termination of contract was unlawful and has claimed contract to be maintained . Com has claimed that statoil is obliged to cover com's loss resulting from unlawful termination .COSL offshore management as (COM) a plaintiff filed a statement of claim against statoil with oslo district court of norway.  Full Article

Primeline says China Oilfield Services has commenced arbitration proceedings against co's unit
Tuesday, 6 Sep 2016 05:07pm EDT 

Primeline Energy Holdings Inc : China Oilfield Services Limited has commenced arbitration proceedings against co's Unit Primeline Energy Operations International . Amount claimed by COSL in COSL arbitration against PEOIL is rmb119 million, or about cad $22.8 million . Arbitration in relation to a claim for payment under previously announced turnkey drilling contract dated August 14, 2015 between COSL and PEOIL . Total amount outstanding and due from Zhejiang Gas as of end of August under gas sales contract is estimated to be rmb 435 million .Drilling contract relates to two wells drilled by COSL for peoil as operator in block 33/07 in late 2015..  Full Article

China Oilfield Services says HY net loss RMB 8.40 bln<2883.HK><601808.SS>
Monday, 29 Aug 2016 08:05am EDT 

China Oilfield Services Ltd <601808.SS>: Interim results announcement for the six months ended 30 June 2016 <2883.HK> . HY net loss RMB 8.40 billion versus profit of RMB 894.7 million a year ago . HY revenue RMB6.962 billion versus RMB12.09 billion . Directors have determined that no dividend will be paid in respect of the current interim period . For the second half of the year, the oilfield services market is recovering . Investments of the oil companies have not yet shown a sign of recovery . Expected that the company will realize a significant decrease in terms of the net profit for the entire 2016 . Company will continue to make a huge effort in tapping into overseas markets, control the costs strictly .  Full Article

China Oilfield Services appoints Qi Meisheng to replace Li Yong as CEO and president<601808.SS>
Wednesday, 15 Jun 2016 10:16am EDT 

China Oilfield Services Ltd <601808.SS>: Says board also appoints qi meisheng to replace li yong as the CEO and president of the company . Announces resignation ofli yong in respect of his posts of executive director, CEO, president . Refile-china oilfield services ltd <601808.ss> announces resignation of li yong in respect of his posts of executive director, ceo, president (adds space) . Proposes the appointment of qi meisheng and dong weiliang, both as executive directors of the company .  Full Article

China Oilfield Services' CEO and president resigns
Wednesday, 15 Jun 2016 06:55am EDT 

China Oilfield Services Ltd <601808.SS> :Says CEO and President Li Yong resigns due to change in job role.  Full Article

China Oilfield Services to pay 2015 dividend on June 16
Wednesday, 8 Jun 2016 05:13am EDT 

China Oilfield Services <601808.SS>: Says it will pay cash dividend of 0.068 yuan per share (before tax) to shareholders of record on June 15 for 2015 .Says its shares will be traded ex-dividend on June 16 and the dividend will be paid on June 16.  Full Article

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