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| Published：2021.03.19 News Sources：Qingdao Gute Ship Supplies Co., Ltd. Views： | |||
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Invest 800 million! Singapore's Tuff Offshore's China subsidiary has set up shop in Qingdao
The total investment of the project is about RMB 800 million with a registered capital of USD 125 million, mainly including FPSO (floating production, storage and offloading vessel), FSO (floating storage vessel) manufacturing and operation, etc. After the completion of the project, about 60 Marine engineering and ship design teams will be deployed on the West Coast, and at least 200 million US dollars of production contracts will be brought to Haixiwan Marine Marine Base within the year. Tuff Offshore international headquarters in Singapore, the capital market in Germany, is mainly engaged in FPSO (floating production storage and offloading vessels), FSO train (floating oil storage vessel), FLNG (such as floating LNG ship) project EPCIC (design, procurement, construction, installation, and commissioning) and auxiliary equipment manufacturing and other large Marine engineering business, has more than 100 is still blank in our country's patent technology, especially in FPSO field has rich experience in design and manufacture of train, belongs to a leading global ocean engineering solution provider. The company has more than 100 professional engineering and technical personnel, the group business covers Asia, Southeast Asia, the Middle East and Africa and other places. 
"TUFF China" project in 5 years after the formal operation, is expected to be in the new area to build the group's global design, procurement, manufacturing base, drive radiation Marine engineering equipment upstream or downstream industry chain enterprises agglomeration, supplement the new district to the research and development of Marine engineering equipment, reinforcing the low-end products, low technical content, weaknesses, and a sharp rise in the industrial added value and competitiveness. At the same time, most of the parts and components of the project will be purchased locally to improve the local matching rate of the industry and form a high value-added industrial chain integrating the design, manufacturing, supporting and operation of Marine engineering equipment. Currently, Tuff Offshore Engineering has two project orders for FPSO and FSO renovation, totaling $100 million. The project financing has been completed and Tuff Energy plans to start the project in the new district. According to the knowledge of International Shipbuilding Network, Qingdao Haixiwan Shipbuilding Base currently has Offshore Oil Engineering (Qingdao) Co., Ltd., Qingdao Beihai Shipbuilding Heavy Industry Co., Ltd., Qingdao Haixi Heavy Machinery Co., Ltd., Qingdao Wushu McDermott Offshore Engineering Co., Ltd. The Chinese representative of the TUFF offshore engineering project said that Haixiwan Shipbuilding Base is currently a rare area in China where the Marine industry industry chain is concentrated, and there is a great space for future project cooperation. We will give priority to looking for cooperative units in this area to promote the economic benefits of enterprises in the new area. In the next step, Qingdao will rely on the advantages of TUFF international cooperation resources to introduce a large number of high-quality and high-end Marine engineering equipment projects to the new district, inject new vitality and growth points into the Haixiwan Shipbuilding Base of the new district, boost the breakthrough development of the Marine industry in the new district, promote the localization of high-end equipment, and strive to build an industrial cluster of 100 billion yuan. |
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