TTS Marine

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TTS Group ASA
Type Public (OSE: TTS)
Industry Engineering
Founded 1966
Headquarters Bergen, Norway,
Area served Global
Products Cargo handling equipment , Drilling Equipment packages for Offshore oil rigs , land rigs , Drawworks , top drives , Active Heave Cranes , Driller's cabin
Website [1]

TTS Group ASA (OSE: TTS) Bergen-headquartered TTS is a global enterprise that designs, develops and supplies equipment for the marine and oil and gas industries. As of 1 October 2009 the operations are split into three separate divisions: Marine, Energy and Port and Logistics.

TTS is one of the top three largest suppliers in its specialised market segments.

TTS is listed on the Oslo Stock Exchange and the group's annual turnover is in the region of NOK 3200m.

With a worldwide workforce of around 1100, TTS has over 40 years of experience in the marine industry. The group has subsidiaries in Norway, Sweden, Germany, USA, China, Finland, Korea, Poland, Czech Republic, Vietnam, Canada, Singapore, Italy, Greece and Brazil.

The group's activities primarily involve design, assembly and testing of equipment while, apart from manufacture of certain key components, production is undertaken by a global network of subcontractors.The company headquarters is based in Bergen, Norway.

TTS was founded in 1966 and has been listed on the Oslo Stock Exchange since 1995.