ABB Bags $160M Worth of Electrical Systems for Drillship Orders in Brazil
ABB disclosed Friday that it has won orders worth $160 million from Jurong Shipyard for the design, supply, supervision of installation, testing and commissioning of the main electrical systems for seven next generation drill ships that will operate in the deep water oil and gas fields off the coast of Brazil. The orders were booked in 4Q 2012 and 1Q 2013.
The ships will be used to drill wells in the enormous offshore pre-salt fields off the southeast coast of Brazil. ABB's integrated electrical package will provide a reliable power supply to subsystems onboard ships and help the operators maximize their energy efficiencies.
The seven vessels are the first in a series of high-efficiency drill ships designed for ultra-deep water operations and built by Estaleiro Jurong Aracruz at their shipyard on the central eastern coast of Espirito Santo, Brazil. It is a wholly-owned shipyard of the Jurong Shipyard based in Singapore.
"ABB's ability to provide locally produced content for this project and the expertise of our local organization were important factors in winning this order. This represents a breakthrough for ABB in the Brazilian market," said Veli-Matti Reinikkala, Head of ABB’s Process Automation division.
"ABB has a great record of project execution for similar projects with Jurong’s shipyard in Singapore; the trust achieved over time with the shipyard was crucial for us in closing this agreement," added Haider Rashid, region manager for ABB in South Asia and country manager of Singapore.
ABB's scope of supply includes complete electrical systems including generators, distribution switchboards, transformers, drives and motors to power the ships' thrusters and drilling systems. Equipment deliveries to the shipyard are scheduled for this year, with the first vessel to be delivered to the ship-owner in the second quarter of 2015.
Equipment deliveries to the shipyard are scheduled for 2013, with the first vessel to be delivered to the ship-owner in the second quarter of 2015.
The ships will be delivered to Sete Brazil, a company established in 2010 by various Brazilian and international investors. On delivery, the seven drill-ships will be chartered to Petrobras for 15 years. Three of the ships will be partially owned and operated for Petrobas by Odfjell and three by Seadrill, both Norwegian based companies.
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