Offshore Vessel Design & Equipment Order Won by RR

Press Release
Friday, March 16, 2012

Rolls Royce wins $70M contract from Korean shipyard to design & equip 4 offshore vessels

Rolls-Royce,has  received an order from Korean shipbuilder Hyundai Mipo Dockyard Co, Ltd. to design and equip four deepwater platform supply vessels. The contract includes options for a further two vessels of the same type.

The vessel designs are UT 776 CD - a development of the popular Rolls-Royce UT 700 series, designed specifically for supplying equipment and services to deepwater oil and gas platforms.

Jørn Heltne, Rolls-Royce, Senior Vice President Ship Technology Offshore, said:
Rolls-Royce UT design vessels are the benchmark in the deep water offshore oil and gas sector, combining proven ship design with leading edge marine technology. This latest order develops our long term relationship with Hyundai as a builder of these advanced vessels, designed to operate safely in the most challenging conditions.”

The 4,400 tonne, 97 metre long vessels will feature a range of Rolls-Royce equipment including a diesel-electric propulsion system which improves fuel efficiency and lowers emissions when operating at reduced power levels. The propulsion system meets current Clean Design standards – an industry-specific range of stringent environmental and safety requirements that, through the design of the vessel, reduce emissions to sea and air.

The vessels will be built at the Hyundai’s shipyard in Ulsan, Korea, and are due to be delivered in 2013 and 2014.

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