 TTS - Contracts to Energy division TTS Energy AS, subsidiary of TTS Group ASA, has signed a Letter of Intent (LoI) with OSX WHP 1 & 2 Leasing B.V, subsidiary of OSX S.A of Brazil, for delivery of two complete wellhead platform drilling units (WPDUs). The companies are aiming to enter a firm contract within short time.
The scope of work will be executed jointly by a Consortium consisting of TTS Energy AS, Siemens AS, AS Nymo and MI-Swaco. The value of TTS drilling packages for the two drilling units is approximately MNOK 675 which represents approximately 50% of the total value.
TTS Energy is a supplier of high performance drilling and handling solutions to the international oil and gas industry.
2011-09-06
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Please see TTS Group ASA company electronic office For further information, please contact Bjorn Andersson, CEO & President, TTS Group ASA, Phone (+47) 911 33 671
Henrik Solberg-Johansen, CFO TTS Group ASA, phone (+47) 982 06 438
Miao Reinlund, Vice President Corporate TTS Group ASA, phone (+ 47) 900 65 883  | Company press releases |
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