TTS ENERGY

Norway

Factory icon Manufacturer/ Producer

TTS ENERGY
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HOUSTON (April 18, 2012) – Cameron (NYSE: CAM) has agreed to acquire the drilling equipment business of TTS Energy Division from TTS Group ASA (Oslo Stock Exchange) in an all cash transaction valued at $270 million. The transaction is subject to customary closing conditions, including review and approval by the Norwegian Competition Authorities (NCA). The transaction is expected to close during the middle of 2012.

Domain icon Manufacturer/ Producer

TTS ENERGY

Andøyfaret 7

4633 Kristiansand - Norway

Company info

Key figures

  • Company headcount
    > 500

Organisation

  • Main activity
    Manufacturer/ Producer

Business info

Trading areas

  • Check Circle Outline icon International

Delivery areas

Activities of TTS ENERGY

  • Oil - drilling and extraction
  • Cameron Sense
  • Mud equipment
  • construction of offshore oil drilling platforms
  • Cameron
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