Rolls-Royce lands £24m subsea contract

Industry news

Power systems company Rolls-Royce won a £24million subsea contract for work in Norway.

It will supply a module handling system to the subsea construction vessel Aker Wayfarer, which was built in 2010.

The contract is with Ocean Yield ASA and the vessel is under long-term charter with AKOFS Offshore.

John Knudsen, Rolls-Royce president for commercial marine, said: “This a very important contract for Rolls-Royce and it shows that the offshore industry has taken yet another step in accepting the superior performance of synthetic fibre ropes for lifting operations in deep and ultra-deep waters.”

The vessel will undergo project modification work at Kleven’s Myklebust Verft yard in Norway.

It will be modified by Myklebust Verft to allow for deepwater installation and retrieval of subsea equipment.

The equipment is due for delivery in the first quarter of 2016.

A similar system was installed by Rolls-Royce in 2009 onboard the AKOFS operated subsea equipment support vessel Skandi Santos.

Geir Sjøberg, chief executive officer of AKOFS Offshore, said: “Skandi Santos has been rated by Petrobras as one of their top performing vessels. Its track record makes us confident in the decision to install the handling system from Rolls-Royce on Aker Wayfarer.”