Rolls-Royce secures offshore orders worth over £100 million

Rolls-Royce, the global power systems company, today announced orders worth over £100 million to supply propulsion systems for offshore construction and drilling vessels.

The ships will be built at shipyards in Asia for a range of ship owners including Sea Drill, Pacific Drilling, Noble, Ocean Rig and Pride.

Anders Almestad, Rolls-Royce, President – Offshore said: “These orders demonstrate the success of our innovative and highly efficient marine technology. Our in-depth understanding of the demanding offshore industry and our proven technology ensures that our integrated propulsion systems are industry leading and meet the extraordinary demands placed on them.”

These vessels will carry out drilling operations in deep water oil and gas fields. Each ship will feature multiple thrusters, which will be used to propel the vessels to and from drill sites and to maintain their position during drilling operations.

Rolls-Royce is a leader in the provision of integrated power and propulsion systems for vessels operating in offshore exploration and production. These include drilling ships, mobile rigs, construction vessels and shuttle tankers.

The orders announced today also include options to supply additional thrusters.

- 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.
- 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 2,500 marine customers, including 70 navies, and energy customers in nearly 120 countries, with an installed base of 54,000 gas turbines.
- 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 £59.2 billion at 31 December 2010, providing visibility of future levels of activity.
- 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.
- 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.
- Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company’s engineers with the forefront of scientific research.
- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.