TTS, Dalian strike drilling equipment agreement

The TTS Group has entered into a cooperation agreement with Dalian Shipbuilding Industry Corp. (DSIC) of China for the supply of drilling equipment to offshore operators.

Offshore staff

BERGEN, Norway – The TTS Group has entered into a cooperation agreement with Dalian Shipbuilding Industry Corp. (DSIC) of China for the supply of drilling equipment to offshore operators. TTS will design, market, commercialize, and deliver drilling packages to DSIC projects.

The cooperation will be organized through TTS Bohai Machinery, a joint-venture company owned of TTS and DSIC. The cooperation with DSIC and TTS Bohai has a considerable potential during the next three to five years, according to the companies.

12/01/2010

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