China: TTS Signs Contract with Waigaoqiao Shipyard for Two Drilling Equipment Packages

TTS Group ASA’ subsidiary TTS Energy AS has signed a contract with SWS, Shanghai Waigaoqiao Shipyard China for two Drilling Equipment Packages. The contract has a value of over USD 90 million. The Drilling Equipment Packages will be installed on two new high specification F&G JU2000E Jack-Up Rigs which are scheduled for delivery Q1 2014.

TTS Energy has options for delivery of three additional drilling rigs with the yard.

Earlier this year, TTS got contracts for delivery of the same equipment packages to DSIC Offshore in Dalian and represents an affirmation of TTS’ commitment to success in China. “It’s a great feeling to have two of the largest shipyards in the world on our side,” says Johannes Neteland, CEO of TTS Group ASA.

TTS Energy is a supplier of high performance drilling and handling solutions to the international oil and gas industry.

Source: TTS, July 27, 2011;

Share this article

Follow Offshore Energy Today

Events>

<< Apr 2020 >>
MTWTFSS
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 1 2 3

Navingo Career Event

The Navingo Career Event is Europe’s biggest career event for the maritime…

read more >

Offshore Technology Conference (OTC) 2020 Postponed

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

OWI APAC 2020

Over the two-day conference, 30 expert speakers will share exclusive insight to help drive well work efficiencies through innovative…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply