Agreement regarding offshore co-operation in China
13. December 2010
| Editorial staff Ship&Offshore
TTS will through its Energy Division provide design, marketing, commercialization and delivery of drilling packages to DSIC’s projects.
China aims to become a leading supplier to the offshore industry, and the agreement enables TTS to strengthen its position in this market, says CEO Johannes D. Neteland.
The co-operation on deliveries of equipment to customers in the offshore market will be organized through TTS Bohai Machinery, a joint-venture company owned of TTS and DSIC. The co-operation with DSIC and TTS Bohai has a considerable potential during the next 3-5 years period.
