Rolls-Royce signs $75M Deal

Thursday, January 20, 2005
Rolls-Royce has won a third contract to supply RB211 gas turbines for the Azeri oil project being developed in the Caspian Sea. Valued at over $75 million the new contract brings the total value of Rolls-Royce energy equipment ordered for this project to more than $230 million.

Rolls-Royce has now secured orders for 27 RB211 sets over the past three years from BP for installation in the Caspian Sea oil fields – one of the largest concentrations of industrial RB211s in the world.

Eight industrial RB211 gas turbines are required for the newly-launched Phase III Deep Water Gunashli phase of the development, in which the Azerbaijan International Operating Company (AIOC) is investing some $4.7 billion. Four sets will generate electrical power and three sets provide Water Injection pump drive on the Process, Compression, Water Injection and Utilities (PCWU) platform of the development.

The eighth RB211 set, a main power generation unit, will be located on the adjacent Drilling, Utilities and Quarters (DUQ) platform.

Tom Curley, President of the Rolls-Royce energy business, said: “The latest contract from Azerbaijan is a significant accomplishment and reflects the confidence and satisfaction that BP has in Rolls-Royce products for these critical applications.

“All the gas turbine orders in our size range for Phase I, Phase II and now Phase III of this important development have been won by Rolls-Royce.” Success for Rolls-Royce in all three phases of this development is a direct result of the Rotating Equipment Initiative signed with BP in 2000. This ensures maximum equipment availability and highly competitive life-cycle costs for BP, the operator of the Azerbaijan project. The initiative also provides new product and aftermarket opportunities for Rolls-Royce.

Equipment will be delivered to a schedule that will enable Phase III of the project, which focuses on development of the Deep-Water Gunashli oil field, to begin oil production in mid-2008.

The Rolls-Royce gas turbines sets for this phase of the Azeri project will be engineered, packaged and tested at the company’s Liverpool, UK, facilities. Nineteen Liverpool produced packages have already been delivered to Azerbaijan for Phases I and II.

Total industrial RB211 sales worldwide have surpassed 400, of which some 170 are providing power generation and mechanical drive services for offshore oil and gas installations.

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Marine Electronics

Portuguese Navy Orders Sonar System Upgrades

General Dynamics Canada is installing an adjunct processing system on three VASCO DA GAMA-class frigates of the Portuguese Navy. Designed by General Dynamics Canada,

OSI to Upgrade Canadian Navy Software

OSI Maritime Systems Signs Contract with the Royal Canadian Navy to Provide In-Service-Support and an Upgrade to the Most Advanced ECPINS-W Sub 6.0 OSI Maritime

KVH Film Considered for Maritime Safety Award

“The Human Element,” produced by KVH Media Group under the TRAININGlink brand, is a finalist in the “Safety at Sea” category of the Seatrade Awards. KVH Industries, Inc.

Offshore

Med Urals Market Awaits Short May Loading Schedule

Activity in the Russian Urals crude market froze on Tuesday as traders said they were awaiting the first loading dates for May for signs of how much supplies from

BOEM Proposes GoM Oil and Gas Lease Sale

As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Tommy P.

North Sea Traders Eye VLCCs to Asia, Libya Caps

North Sea Forties crude differentials firmed on Tuesday as traders eyed two potential VLCC shipments to Asia, though gains were capped as the first cargo of Libyan

 
 
Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Electronics Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.0998 sec (10 req/sec)