Wärtsilä has received a major order to supply propulsion solutions for six new offshore Pipe Laying Vessels to operate in Brazilian waters. The company received the order to supply the propulsion solutions for the vessels being built by IHC Merwede. Three of the ships are to be built for Subsea 7, while the other three have been ordered by Seabras Sapura, the Sapura Kencana and Seadrill partnership entity.
All six are scheduled to be delivered during the first half of 2015 and the second half of 2016. They will be deployed by Petrobras to serve the Brazilian offshore market. Wärtsilä signed its supply order for the first vessel in the second quarter of 2013, and the remaining orders in the third quarter. The scope of supply for each ship comprises six 8-cylinder Wärtsilä 32 engines, two transverse thrusters, two retractable thrusters, and three steerable underwater de-mountable thrusters. The company will begin deliveries in February 2014, with further deliveries following at four month intervals.
ABB’s board of directors and Ulrich Spiesshofer have mutually agreed for him to step down from his role as CEO, which he has held since 2013, the company said on April 17.
The total capital investment of the Project is over $150 million, and there will be up to 250 people employed at the site during the height of construction activity.
Top oilfield services provider Schlumberger reported a drop in quarterly profit, hit by weak demand for its equipment and services from oil producers under pressure to rein in spending.