Gunnebo Johnson gets huge sheaves contract

24 April 2008

Tulsa, OK-based Gunnebo Johnson Corp. has been awarded a multi-year contract from National Oilwell/Varco to supply 95 inch diameter sheaves to a value of $3,400,000. The sheaves will be used in motion compensation equipment produced by National Oilwell/Varco for use on five offshore semi-submersible drilling rigs. The rigs will be capable of drilling for oil and gas in water depths up to 12,000 feet.

“This is a large and strategically very important order for us”, said Bill Shenloogian, president.

“While Gunnebo Johnson's market leadership in the on-shore construction related segments is well documented, the award of a contract of this magnitude and value, coming from the offshore market, is especially gratifying.”

Gunnebo Industrier AB is in 13 countries and has 50 distributors and agents worldwide. The group develops, manufactures and markets chain and lifting components, fastening systems for the building industry, blocks and systems for heavy lifting, non-skid products and telescopic ladders.

Delivered directly to your inbox, World Crane Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Latest News
Palfinger unveils new North American headquarters
Palfinger is continuing to expand its North American fooprint with the grand opening of its new, state-of-the-art headquarters in Schaumburg, IL.
An update on the North American tower crane market
Morrow Equipment President and COO Peter Juhren offers his ‘state of the union’ for the tower crane sector.
Susanek appointed Palfinger COO
A move from BMW sees Alexander Susanek take on chief operating officer role at Palfinger
D.Ann Shiffler Editor, American Cranes & Transport Tel: +1 512 869 8838 E-mail:
Matt Burk VP Sales Tel: +1 312 496 3314 E-mail: