Rolls-Royce secures design and integrated systems package for two offshore vessels

Monday, 5 May 2014

Rolls-Royce has won a £14m order to provide design, integrated power and propulsion systems and equipment for two offshore service vessels for the Norwegian ship owner Island Offshore.

In 2011 and 2012 Island Offshore placed orders for four vessels of the same design type, three of which have already been delivered, the most recent delivery being Island Dawn.

The two new vessels on order will be 1.5 meters wider than the previous four.

John Knudsen, Rolls-Royce President Offshore, said: "It is a pleasure to be able to announce new contracts with such an innovative offshore vessel owner as Island Offshore. We have worked closely with them for over a decade to develop a wide range of advanced and highly efficient platform supply and subsea service vessels."

The latest Rolls-Royce designed UT 717 CDX platform supply vessels will encompass an integrated power and propulsion system incorporating main engines, reduction gears, controllable pitch propellers, bow and stern thrusters, steering gears, deck machinery, a dry bulk system and an automation and control system. The overall length of each vessel will be 86 metres with a beam of 18.5 metres and a dead weight of approximately 4200 DWT.

The two new vessels are to be built at the Vard yard in Brevik, Norway and will be ready for delivery in 2015.

  1. Rolls-Royce’s vision is to create better power for a changing world via two main business segments, Aerospace and Marine & Industrial Power Systems (MIPS). These business segments address markets with two strong technology platforms, gas turbines and reciprocating engines, for use on land, at sea and in the air.
  2. Aerospace comprises Civil Aerospace and Defence Aerospace. MIPS comprises Marine, Energy & Nuclear and Power Systems. Rolls-Royce currently has 50% ownership of Rolls-Royce Power Systems (RRPS), a collaboration with Daimler AG. RRPS was fully consolidated in the results of Rolls-Royce Holdings plc for the first time in 2013. On 7 March, 2014, Daimler announced their intention to exercise their put option to sell their 50% share in RRPS to Rolls-Royce Holdings plc.
  3. Rolls-Royce has customers in more than 120 countries, comprising more than 380 airlines and leasing customers, 160 armed forces, 4,000 marine customers, including 70 navies, and 1,600 energy and nuclear customers.
  4. Our business is focused on the 4Cs:
    • Customer - placing the customer at the heart of our business
    • Concentration - deciding where to grow and where not to
    • Cost - continually looking to increase efficiency
    • Cash - improving financial performance.
  5. Annual underlying revenue was £15.5 billion in 2013, around half of which came from the provision of aftermarket services. The firm and announced order book stood at £71.6 billion at 31 December 2013.
  6. In 2013, Rolls-Royce invested £1.1 billion on research and development. We also support a global network of 31 University Technology Centres, which position Rolls-Royce engineers with the forefront of scientific research.
  7. Rolls-Royce employs over 55,000 people in 45 countries. Over 17,000 of these are engineers.
  8. The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills. In 2013 we employed 379 graduates and 288 apprentices through our worldwide training programmes.

For further information, please contact:

Anette Bonnevie Wollebæk
Senior Communications Manager - Marine, Nordic Region
Mobile: +47 976 70 882
Email: abw@rolls-royce.com

Jonathan Webster
Vice President Marketing & Communications, Marine - Americas
Mobile : +1 (301) 820-8246
Email: jonathan.webster@rolls-royce.com

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