Marine Log

April 3, 2006

ABB rolls up $110 million in orders

ABB, says that in the first three months of the year it booked contracts worth $110 million to supply electrical power systems for twelve vessels and five offshore drilling rigs.

The contracts included:

  • Total electrical power system packages for two semi-submersible drilling rigs for subsidiaries of Jon Fredriksen controlled SeaDrill Ltd (Subsea Drilling (III) Ltd and Subsea Drilling (IV) Ltd). The rigs will be built at South Korea's Daewoo Shipbuilding and Marine Engineering, based on a GVA 7500 design with the first rig delivery in early 2008.
  • Total electrical power system package for one semi-submersible drilling rig for PetroRig I Pte Ltd/PetroMena ASA under management by Larsen Oil & Gas. The rig, which is the third in a series, will be built at Jurong Shipyard Pte Ltd in Singapore, based on a Friede & Goldman design, with rig delivery in spring 2009.
  • Total electrical power system package for the second drilling vessel (the first option) for Norway's Mosvold Drilling Ltd under management of Jon Fredriksen controlled SeaDrill Ltd, to be built at Samsung Heavy Industries in South Korea, with vessel delivery in December 2008.
  • Total electrical power system package for the second drilling vessel (the first option) for Stena Drilling Ltd a subsidiary of Stena AB in Sweden, to be built at Samsung Heavy Industries in South Korea, with vessel delivery Q1- 2009.
  • Diesel electric propulsion systems for two 157,000 cu.m LNG carriers being built for MISC at Mitsubishi Heavy Industries, Ltd, shipyard in Nagasaki, Japan. with first vessel delivery in December 2008. These will be the first LNG carriers in Japan to be equipped with a state-of-the-art diesel electric propulsion system.
  • Electrical propulsion systems for two vessels of ST216 design to be built at Aker Yards, Brattvag. The two vessels will be owned by Voldstad shipping and will be delivered late 2006 and early 2007.
  • Electrical propulsion system for one vessel of Aker PSV 06 design to be built at Aker Yards, Aukra. The vessel will be owned by DOF and will be delivered late 2006.
  • Electrical propulsion system for one vessel of Aker ROV 06 design to be built at Aker Yards, Soviknes. The vessel will be owned by GEO and is scheduled for delivery late 2006.
  • Electrical propulsion systems for one vessel of Ulstein P101design to be built at Ulstein Verft. The vessel will be owned by Olympic Shipping and will be delivered late 2007.
  • Electrical propulsion systems for one vessel of UT 766 E design to be built at Aker Yards, Brevik. The vessel will be owned by Farstad Shipping and will be delivered in 2007.
  • Electrical propulsion system for four offshore vessels of ULSTEIN P105 design AS to be built at Zhejiang Shipbuilding in China. The vessels will be owned by Bourbon and are scheduled for delivery in 2007 and 2008.

"We are proud of the confidence shown in us by our customers in choosing our electric propulsion systems," says Heikki Soljama, head of ABB Global Marine business. "High system efficiency resulting in savings in fuel cost and high availability have certainly been important criteria".

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