Rolls-Royce secures multi-million pound propulsion contract

Tuesday, 6 May 2014

Rolls-Royce has signed contracts with China Oilfield Services Ltd. (COSL), worth £19m. Rolls-Royce will deliver propulsion equipment for two deep-sea research vessels and one seismic vessel.

All three vessels are designed by the Norwegian design firm Skipsteknisk. The deep sea research vessels (ST 259) will each have six engines, two main azimuth thrusters, two retractable thrusters, two tunnel thrusters and remote control systems from Rolls-Royce. The ST 318 design seismic vessel will be equipped with four engines, rudders and steering gear from Rolls-Royce.

John Knudsen, Rolls-Royce, President Offshore, said: "We have successfully delivered several ship equipment and integrated design and equipment packages to COSL and their attention to safety and efficient operations aligns with Rolls-Royce principles and products. We are delighted that they have chosen our technology for their three new vessels and look forward to continuing our relationship with them."

The research vessels are to be built at CSSC Huangpu Wenchong Shipyard for delivery respectively in the first and second half of 2016, while the seismic vessel will be built at Shanghang Shipyard for delivery in the second half of 2015.

Specified deliveries:

Per ST 259 Deep sea research vessel:

6 x B32:40L6A diesel generating sets

2 x US 60 main azimuth thrusters

2 x UL 255 retractable thrusters

2 x TT 2650 tunnel thrusters

Helicon X3 remote control system

ST 318 Seismic vessel:

4 x C 25:33L6A diesel generating sets

2 x SR662-FCP steering gear

2 x FB 2330x3500

  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 (RRPS). On 7 March 2014, Daimler announced their intention to exercise their option to sell their 50% share in RRPS to Rolls-Royce Holdings plc. On 16 April 2014, Rolls-Royce and Daimler announced that they have agreed the valuation of Daimler's 50% equity interest. The transaction is expected to complete within the coming months and is subject to the usual regulatory approvals.
  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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