Rolls-Royce secures order for platform supply vessels from PaxOcean Engineering

Tuesday, 29 November 2011

Rolls-Royce, the global power systems company, has received an order from Singapore-based offshore company, PaxOcean, to design and equip two oil platform supply vessels. The vessels are to be built at PaxOcean Engineering’s ship yard in Zhuhai, China.

The £10 million contract includes vessel design, a fully integrated Rolls-Royce diesel electric propulsion system and deck machinery.

Ronny Pål Kvalsvik, Rolls-Royce, Sales Manager, Ship Technology - Offshore, said: “We are delighted to continue our strong relationship with PaxOcean Engineering and to add to their fleet of Rolls-Royce designed ships. These vessels combine a proven Rolls-Royce design with a range of mission-critical onboard technology, enabling safe and efficient operation in the challenging environments of offshore oil and gas fields.”
YK Tang, Director Group Marketing, PaxOcean Engineering added: “We are very pleased to announce provision of these UT 755CD vessels as part of our continued effort to provide our customers with the latest technology in offshore support vessels, for the demanding worldwide deepwater oil and gas market.”

The two platform supply vessels will have an overall length of 78.7 metres, a 16 metre beam and a deck cargo area of 670m2. They will be built in accordance with clean design regulations and be equipped for fire fighting and oil recovery.

Planned delivery of the vessels is in the first half of 2013.

The Rolls-Royce UT 755 CD design is a development of the popular UT 755 series vessel, designed specifically for supplying equipment to oil and gas platforms. Since the first UT 755 was delivered in 1996, more than 180 vessels of this design have gone into service or are on order worldwide.

  1. Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.
  2. As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines.
  3. Annual underlying revenues were over £10.8 billion in 2010, of which more than half came from the provision of services. The firm and announced order book stood at £61.4 billion at 30 June 2011, providing visibility of future levels of activity.
  4. Rolls-Royce employs over 39,000 skilled people in offices, manufacturing and service facilities in over 50 countries.  Over 11,000 of these employees are engineers.
  5. In 2010, Rolls-Royce invested £923 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.
  6. Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research. 
  7. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.
  8. The Marine business of Rolls-Royce employs 9,000 people in 35 countries with the main manufacturing centres being in the UK, the Nordic countries, the United States and increasingly Asia.
  9. Rolls-Royce is a world leader in marine solutions, providing products, service and expertise to more than 30,000 vessels in the offshore, merchant, naval surface and submarine markets. It designs ships and its product range includes propulsion systems featuring diesel engines and gas turbines, propellers, thrusters and water jets. Rolls-Royce also provides manoeuvring and stabilising systems and deck machinery. 

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