Wednesday, 8 May 2013

Rolls-Royce Plc has signed a contract to deliver drillship propulsion systems to the world's largest drilling company Transocean. This latest contract marks the 100th drillship to feature Rolls-Royce propulsion equipment.

In recent months Rolls-Royce has won orders to supply propulsion systems for seven new drillships totaling close to £100 million, including options, from a variety of customers including Transocean. These ships will be built in the Samsung, Daewoo and Hyundai shipyards in Korea.

Rolls-Royce is the leading supplier of large thrusters to these specialist vessels, with a market share in excess of 70 per cent. Drillships typically operate in the oil and gas fields off the coasts of Brazil, West Africa and the Gulf of Mexico.

Anders Almestad, Rolls-Royce, President - Offshore said: "We are proud to be a strategic partner in the continuing development of the world's drillship fleets, and particularly delighted to reach the significant milestone of powering 100 of these highly specialised vessels which are at the forefront of oil and gas exploration.  Rolls-Royce has the largest range of thrusters for this sector of the marine market, and we welcome our customers' continued confidence in our technology, products and service."

The propulsion systems are used to propel the vessels to and from drill sites and accurately maintain their positioning during drilling operations. Their high power is crucial in maintaining position and a drillship typically features six such thrusters. The thrusters are demountable, meaning they can  be changed underwater, avoiding the downtime and expense of a visit to drydock.

In addition to 100 drillships, Rolls-Royce has also delivered high-powered thrusters to 80 semi-submersible drilling rigs.

  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 300 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 more than 80 countries.
  3. Annual underlying revenue was £12.2 billion in 2012, of which more than half came from the provision of services. The firm and announced order book stood at £60.1 billion at 31 December 2012, providing visibility of future levels of activity.
  4. Rolls-Royce employs over 45,000 people in offices, manufacturing and service facilities in over 50 countries. Over 14,000 of these employees are engineers.
  5. In 2012, Rolls-Royce invested £919 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.
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