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Oil and Gas Energy News Update

Thursday, August 18, 2011

ABB Lands Marine Orders in Asia

- ABB Lands Marine Orders in Asia

Thursday, August 18, 2011
ABB

ABB won several orders for a total of $200 million from Samsung Heavy Industries, Hyundai Heavy Industries, Keppel FELS and Jurong Shipyard Pte Ltd., to supply equipment 23 new Jackup and DP drilling vessels and one FPSO to be executed in South-Korea and Singapore. The orders were booked during the second quarter.

The vessels operate in oil and gas extraction, production and transportation, and include semi-submersible drilling rigs, drill ships, mobile oil and gas platforms as well as floating production, storage and offloading vessels.

"This group of important orders underscores ABB's excellent reputation for delivering comprehensive, reliable solutions that help our marine customers operate at the highest levels of efficiency, as well as our vast oil and gas industry expertise," said Veli-Matti Reinikkala, head of ABB's Process Automation division.

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