After confirming that Rolls-Royce will sell its energy gas turbine and compressor business to Siemens, the company has now announced it has secured orders worth over £ 60 million for offshore ship designs and equipment.
Rolls-Royce will sell its energy gas turbine and compressor business to Siemens for a £ 785 million cash consideration. The business being sold supplies aero-derivative gas turbines, compressor systems and related services to customers in the oil and gas and power generation sectors and has around 2400 employees.
On completion of the transaction, Rolls-Royce will receive a further £ 200 million for a 25 year licensing agreement, granting Siemens access to relevant Rolls-Royce aero-derivative technology for use in the 4 to 85 MW power output gas turbine range. The transaction is expected to be completed by December.
Offshore Ship Designs
Rolls-Royce also acquired contracts for five Rolls-Royce UT Design vessels. Two UT717 CDX platform supply vessels (PSV) were ordered by the Norwegian Island Offshore and two larger UT755 PSVs by Aberdeen based Fletcher Shipping. These contracts are worth £ 14 million and £ 11.5 million respectively.
The fifth vessel is a UT782 WP – an advanced design for a large anchor handling tug supply (AHTS) vessel for ship owner Secunda Canada LP in a contract worth £ 16 million. This is the first order for a wave piercing design in the Americas, and the vessel's hull has been optimised for the demanding scope and harsh North Atlantic conditions.
Propulsion Equipment
A range of Rolls-Royce propulsion equipment will also feature on three vessels for China Oilfield Services Ltd. (COSL), worth £ 19 million. Two deep sea research vessels (ST 259) and one seismic vessel (ST318) will feature Rolls-Royce engines, thrusters and control systems. The vessels have been designed by Norwegian company Skipsteknisk and will be built at the CSSC Huangpu Wenchong Shipyard in China.
Picture: Rolls-Royce diesel engine (reproduced with the permission of Rolls-Royce plc, copyright © Rolls-Royce).
