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

Are We on the Crest of an Offshore Wind Wave?

This time last year, when we were preparing to host ABN AMRO’s inaugural international seminar on offshore wind the imminent Borssele offshore wind tender in the Netherlands was a hot topic.

Brazil May Open Petrobras Subsalt Area to Other Companies

Brazil may allow companies besides Petrobras to bid for the right to produce extra oil from areas it sold to the state-led oil company in 2010, the head of the

Vallianz Rejects Payment Request from Swiber Managers

Vallianz Holdings, which provides support vessels for the oil industry, said on Wednesday it had refused a request from the judicial managers of shareholder Swiber Holdings to pay around $63.

 
 
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