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  1. Offshore focus promises quicker recovery for TSC

    Posted Apr 26th 2010, 12:00am by Eric Ng

    ... and 80 per cent from offshore rigs. Honghua Group, also Hong Kong-listed but Sichuan province-based, the world's second-largest land rig builder, sold only 40 rigs last year, missing ... in 2008. It has 50 rigs on order. Honghua is building an offshore equipment plant on China's east coast to meet demand from the mainland's largest offshore oil and natural gas producer, ...

    http://www.scmp.com/article/712598/offshore-focus-promises-quicker-recovery-tsc

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