Wednesday, December 10, 2008

ABB to wire six rigs in Asia

Engineering group ABB said it had won contracts worth $150 million in the third quarter to supply main electrical systems to six drilling rigs and drillships being built in Asia.

The company said the orders included contracts for three deep-water rigs being built at the Jurong shipyard in Singapore, as well as the Sten DrillMax ICE and Pride 4 drillships to be constructed at Samsung Heavy Industries in South Korea. It would also fit out a further drillship to be built for Metrostar at Hyundai Heavy Industries, also in South Korea. ABB said it would supply generators and medium- and low-voltage power systems for the vessels, as well as thruster drive and drilling drive systems. The company has supplied electrical systems to about half of the deepwater drilling rigs commissioned since 2005, it said.
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