Rolls-Royce Quarterly News

Wednesday, January 09, 2008
In the final quarter of 2007, Rolls-Royce continued to expand its global capability, with strong performance in the marine and offshore sectors. The offshore marine business increased the value of its largest contract from Nordcapital to $227m with a further four UT Design deep water anchor handling vessels, incorporating a range of Rolls-Royce marine equipment, worth a total of $105 million. This followed a June 2007 contract worth $121 million for six UT Designs and equipment. The energy business also recorded its largest ever contract, with a $176mTotalCare services agreement with BP for the maintenance of 28 RB211 gas turbines operating onshore and offshore in Azerbaijan. The agreement extends an existing contract until 2016. In addition, the US Navy has renewed its F405 (Adour) engine services contract with Rolls-Royce for the fifth year to provide support for the T-45 training aircraft. The contract is worth $66m. In addition, the US naval architecture and engineering firm Seaworthy Systems Inc., based in Connecticut, with offices in New Jersey, Virginia and California, has been acquired to improve further marine support services.
Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Legal

Korean Ferry Captain's Detention Could Extend As Death Toll Mounts

South Korean prosecutors investigating a ferry disaster said on Sunday they would seek to extend the detention of the ship's captain and two other crew by 10

Reports: Brazilian Tycoon Batista Investigated For Financial Crimes

Brazils federal police have opened an investigation into former billionaire Eike Batista for financial crimes, including insider trading, manipulation of markets and money laundering,

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0975 sec (10 req/sec)