TSC Wins 2 Deck Crane Contract from Sinopec

Source: www.gulfoilandgas.com 7/1/2015, Location: Asia

TSC Group Holdings Limited (TSC) entered into a contract with Sinopec Shanghai Offshore Petroleum Company (Sinopec Shanghai) to provide two deck cranes. The signed cranes are model 162-200VE kingpost deck cranes, which have received both ABS and CCS approval. The cranes will substitute the existing old cranes equipped on Sinopec Shanghai’s “Kantan 3” semi-submersible rig and will be delivered by September 20th, 2016.

“Kantan 3”, which came into use in July 1984, is notably China’s first semi-submersible rig. The rig has a total length of 91 meters, a width of 71 meters and a height of 30 meters. The “Kantan 3” is world-class platform as demonstrated by its advanced technology, exemplary safety performance and reliability. The rig first came into service in China’s East Sea and has since then greatly contributed to the oil and gas fields’ development.

TSC, after multiple rounds of international bidding, eventually won the tender by its high quality product, reliable and safe performance and first class services. This is the first time TSC and Sinopec work together on a crane product, which demonstrates TSC deck cranes having tapped a new market in China. At present, TSC has 16 crane orders in-hand and will have an additional 8 in the near future.

TSC’s deck crane product line includes kingpost and pedestal cranes. For many years, TSC has provided more than 300 deck cranes to clients world-wide. TSC cranes have been used by some of the world’s most renowned oil companies and shipyards, including CIMC Raffles, SWS, DSIC, HPWS, CNPC, Petrobras, QGOG, and Pemex.

The contract not only signifies Sinopec’s recognition of TSC deck cranes but also acts to strengthen the bilateral cooperation that will facilitate further project partnerships.

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