Fincantieri & Norway's NLI to Collaborate in Mobile Offshore Rig Sector

Press Release
Wednesday, May 23, 2012

Shipbuilders Fincantieri and NLI, a Norwegian oil drilling & topside equipment provider, agree cooperation in mobile drill rig market

The agreement includes the development of an innovative high quality drilling tower.

For NLI the partnership is a milestone. In 1974 they delivered the first derrick to the Norwegian offshore industry. Most recently they have developed a drill tower solution new to the global market.

From now on the Fincantieri and NLE will include each other when approaching the market and present their projects to the various contractors and operators / oil companies.

This agreement follows the recent creation of the new Fincantieri Offshore Business Unit, dedicated to the commercialization and production of high valued offshore vessels such as Drill ships, Semisubmersibles Drilling Rigs, Pipe Layers, Construction Vessels and Non Standard Supply Vessels.

The Fincantieri Offshore value proposition is based on the offer of new generation turn-key vessels, tailor made to meet specific client requirements.

Mr. Sigve Barvik, Marketing Director of NLI commented:  “We now have a yard, with financial power and world class know-how, which is prepared to support the potential of our drilling tower. Fincantieri’s European deep-water drilling initiative is unique and will allow to fully develop a drilling tower with superior performance, efficiency, eco friendliness, and safety for the personnel”.

Commenting on the agreement, Mr. Giuseppe Coronella, EVP Fincantieri Offshore Business Unit said: ”We are very motivated to start this joint development process with a company delivering quality drilling and topsides engineering solutions. this will strengthen the capability of the established Fincantieri’s drilling supply chain, the “Polo Offshore”.


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