Norway’s TTS Energy to Deliver Two Wellhead Platfom Drilling Units to OSX in 2013

  • Business & Finance

TTS Energy Inks Deal with OSX for Two Wellhead Platfom Drilling Units

TTS Energy AS has on the 12th of January 2012 signed the contract for delivery of two complete wellhead platform drilling units with  OSX WHP 1&2 Leasing B.V, a subsidiary of OSX S.A of Brazil

The 2 units are to be delivered Q2 and Q3 2013. The scope of work will be performed jointly by a consortium consisting of TTS Energy AS, Simens AS, AS Nymo and MI-Swaco. The total value of the TTS drilling packages for the 2 units is MNOK 730(USD 121 million) which represents approx. half of the total value.

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

OSX is a Brazilian company focused on the supply of equipment and services for the offshore oil and gas industry, through integrated operations in shipbuilding, chartering of exploration and production (E&P) units, and operation and maintenance (O&M) services.

Offshore Energy Today Staff, January 13, 2012; Image: OSX


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