COSL awards Rolls-Royce with support vessel contract

March 14, 2008
China Oilfield Services Ltd. (COSL) has ordered design and equipment systems for two offshore support vessels from Rolls-Royce.

Offshore staff

LONDON -- China Oilfield Services Ltd. (COSL) has ordered design and equipment systems for two offshore support vessels from Rolls-Royce. The contract is worth £58 million ($118 million).

"This contract is a major breakthrough for Rolls-Royce integrated systems for the Chinese offshore market," says Anders Almestad, president – Offshore, from the Rolls-Royce marine business. "The integrated solution designed by Rolls-Royce for COSL is the first of its kind in the growing Chinese offshore market. We believe that our products and services will help COSL improve their deepwater capabilities."

The Rolls-Royce designed UT 788 CD ships have the ability to operate in very deep water, towing, and supplying and supporting oil and gas rigs. They can also assist in underwater construction projects.

03/14/2008