On October 26, 2015, TSC Group Holdings Limited (“TSC”) signed six contracts valued at $60 million to supply top drives and MRO spare parts to two main oil and gas companies in Venezuela. These contracts, not only show that TSC’s products meet international standards, but also represent a milestone for the long-term business cooperation relationship with customers in Venezuela.

Through these contacts, TSC is able to solidify its business relationship with two major oil and gas operators in Venezuela. Moreover, these contracts further cement TSC’s strengths in the top drive and MRO spare parts industry. TSC looks to continue providing cost-effective, quality products to meet more customers' needs worldwide.