Re Contract
13 December 2012
ROLLS-ROYCE SECURES £100 MILLION CONTRACT WITH ATLÂNTICO SUL TO EQUIP
SEVEN DRILL SHIPS FOR PETROBRAS
Rolls-Royce, the global power systems company, today announced an order worth
more than £100 million to supply integrated power and propulsion systems for
seven offshore drilling vessels in Brazil.
The ships will be built at the Atlântico Sul shipyard for Brazilian oil company
Petrobras. Rolls-Royce will equip each of the seven vessels, which will satisfy
local content requirements, with six large thrusters and six Bergen diesel
generator sets. Together, the systems will be used to propel the vessels to and
from drill sites and to accurately maintain their positioning during drilling
operations.
Tony Wood, Rolls-Royce, President - Marine said: "We are delighted to announce
this significant order in Brazil for our new customer, Atlântico Sul. This
contract builds further on our strong reputation for innovation and technology,
and on our market-leading position for power and propulsion systems in the
offshore drilling sector."
Petrobras' new drill ships will primarily support extraction from wells along
the pre-salt layer, located 2,000-3,000 metres below the surface of the
Atlantic Ocean, offshore Brazil.
Mr Otoniel Silva Reis, CEO, Atlântico Sul, said: "We look forward to working
with Rolls-Royce on this project. Their vast experience and expertise in
providing highly innovative and reliable power and propulsion solutions,
particularly in the mobile drilling sector, is a tremendous asset as we build
these highly advanced drill ships for Petrobras."
In support of production activities around the world, Rolls-Royce has delivered
propulsion systems for more than 140 mobile drilling units, with systems on
order for a further 30 units.
Additionally, 45 Rolls-Royce designed UT offshore supply vessels have been
built in Brazil to support oil and gas exploration and production. A further 12
vessels have been ordered, including four UT 775 SE platform supply vessels by
Bravante Group in late October.
Rolls-Royce has a long and successful relationship with Brazil dating back over
50 years, with facilities in Sao Bernardo do Campo, Rio de Janeiro, Niteroi and
Macae.
Rolls-Royce is further investing in Brazil and will open a new facility in 2013
in Santa Cruz, Rio de Janeiro. This facility will be dedicated to the assembly
and testing of RB211 industrial gas turbines. The first batch of equipment to
be produced in Santa Cruz has already been ordered by Petrobras in a
US$650-million contract signed in 2011.
Notes to Editors:
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 500 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 £11.3 billion in 2011, of which more than half
came from the provision of services. The firm and announced order book stood at
£60.1 billion at 30 June 2012, providing visibility of future levels of
activity.
4. Rolls-Royce employs over 40,000 people in offices, manufacturing and service
facilities in over 50 countries. Over 11,000 of these employees are engineers.
5. In 2011, Rolls-Royce invested £908 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.
8. The Group is a leader in the provision of integrated power and propulsion
systems for vessels operating in offshore exploration and production; including
drilling ships, mobile rigs, construction vessels and shuttle tankers.
9. Rolls-Royce has been present in Brazil for 50 years, and today has over 600
employees in the country, including 100 employees at a marine service facility
in Niteroi.
For further information, please contact:
Investors:
Simon Goodson
Director - Investor Relations
Rolls-Royce plc
Tel: +44 (0)20 7227 9237
simon.goodson@rolls-royce.com
Media:
Josh Rosenstock
Director of External Communications
Rolls-Royce plc
Tel: +44 (0)20 7227 9163
josh.rosenstock@rolls-royce.com
www.Rolls-Royce.com