In order to improve the wear resistance of offshore drilling equipment, CoCrFeNiMn high-entropy alloy coatings were prepared by cold spraying (CS) and high-speed oxygen fuel spraying (HVOF), and the coatings were subjected to vacuum heat treatment at different temperatures (500 °C, 700 °C and 900 °C). The friction and wear experiments of the coatings before and after vacuum heat treatment were carried out in simulated seawater drilling fluid. The results show that CoCrFeNiMn high-entropy alloy coatings prepared by CS and HVOF have dense structure and bond well with the substrate. After vacuum heat treatment, the main peaks of all oriented FCC phases are broadened and the peak strength is obviously enhanced. The two types of coatings achieve maximum hardness after vacuum heat treatment at 500 °C; the Vickers microhardness of CS-500 °C and HVOF-500 °C are 487.6 and 352.4 HV_0.1, respectively. The wear rates of the two coatings at room temperature are very close. CS and HVOF coatings both have the lowest wear rate after vacuum heat treatment at 500 °C. The CS-500 °C coating has the lowest wear rate of 0.2152 mm³ m⁻¹ N⁻¹, about 4/5 (0.2651 mm³ m⁻¹ N⁻¹) of the HVOF-500 °C coating. The wear rates and wear amounts of the two coatings heat-treated at 700 °C and 900 °C decrease due to the decrease in microhardness. The wear mechanisms of the coatings before and after vacuum heat treatment are adhesive wear, abrasive wear, fatigue wear and oxidation wear.