Rolls-Royce Wins $112.5m Offshore Deal

Friday, October 27, 2006
Rolls-Royce has won its largest ever marine order in the Offshore industry in a deal worth around $112.5m. Farstad Shipping has ordered four new anchor handling ships at a total cost of more than $375.1m, to be built by Aker Yards in Norway. The ships have been designed by Rolls-Royce marine architects and will be fitted with Rolls-Royce engines, propellers, deck machinery, dynamic positioning systems and automation equipment. The four UT-Design vessels are the latest to be ordered from Rolls-Royce and mark another chapter ship design stories in commercial shipbuilding. Since the mid-1970s, over 530 of the vessels have been built or are currently on order.

The new vessels being constructed are all UT 731 CD variants. These ships can operate as construction vessels as well as acting as supply vessels - a unique capability. Designed to operate under extreme conditions and work at depths of up to 3,000 metres, the ships are also capable of functioning in arctic environments.


Offshore

US Offshore Lease Sale Yields $18 Mln in High Bids

Today’s U.S. oil and gas Lease Sale 248 garnered $18,067,020 in high bids for 24 tracts covering 138,240 acres in the Western Gulf of Mexico Planning Area, announced

Canada May Ask Far-offshore Drillers to Pay Extra

Canada may ask oil companies to contribute to the hundreds of millions of dollars or more the country has to pay to an international body if they drill far offshore,

MISC Enters Thai Offshore O&G Market

Energy related maritime solutions and services provider MISC Berhad (MISC) has made inroads into Thailand’s offshore oil and gas market for the first time.

 
 
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