Rolls-royce continues offshore success with contracts worth £54 million

Rolls-Royce has recently won contracts worth £54 million to design and supply integrated equipment packages for nine offshore service vessels for owners in Brazil, France, Norway and the USA.

Rolls-Royce has won contracts worth £54 million to design and supply integrated equipment packages for nine offshore service vessels for owners in Brazil, France, Norway and the USA.

The packages will be supplied to shipyards in 2002 and 2003, and the vessels will be delivered in 2003 and 2004.

Rolls-Royce currently has 71 UT-Design offshore service vessels on order or under construction, worth a total of £270 million. A total of 390 UT700 series vessels have been built or are under construction since they were first sold in the mid-1970s.

Six of the nine latest vessels will be UT712 and UT722 anchor handling tug supply vessels, which tow platforms and floating drilling rigs to location and can lay moorings and anchors.

The other three are UT755 platform supply vessels which transport fuel, stores and equipment from shore to rigs and platforms. These latest contracts are said to take the total number of UT755s in service or on order to 41.

According to Rolls-Royce, the UT700 series was originated to serve the growing North Sea offshore oil and gas business, which needed more seaworthy vessels than those developed for shallow water in the Gulf of Mexico.

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