TTS to Supply BOP Handling Packages to DSIC Offshore, China

TTS Energy AS, subsidiary of TTS Group ASA, has signed contracts with DSIC Offshore in Dalian, China, for delivery of four BOP handling packages for the JU2000E Jack-ups currently under construction at the yard for Prospector Offshore Drilling.

The new contracts are in addition to the previous contracts for complete drilling packages for the same jack-ups and have a total value of approximately USD 14 million or NOK 75 million.

The BOP handling packages are scheduled for delivery during 2012.

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

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Source:TTS , May 31, 2011;