Wärtsilä to provide DP3 package for offshore rig in China
Wärtsilä, the marine industry’s leading solutions and services provider, will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China. The contract was signed in January with Cosco (Qidong) Offshore Co. Ltd, the yard building the vessel for Singapore based Axis Offshore, the Finnish company's press release said.
The vessel, equipped with DP3 dynamic positioning system, will feature an integrated Wärtsilä solution that includes the main power generation system, the propulsion system, the electric and automation system and the automation safety system.
Wärtsilä is responsible for engineering, delivery and commissioning of the integrated solution and will also support the yard on-site during the installation phase. The vessel is expected to enter into service in February 2015 for worldwide operations. Wärtsilä will begin deliveries of its equipment in May 2013.
While the majority of the solution will be engineered and delivered from Wärtsilä’s delivery centres in Europe, Wärtsilä will mobilize a site management team to the shipyard in Qidong, China, joining in close cooperation with the COSCO project team.
Helsinki-headquartered Finnish company Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. In 2010, Wärtsilä's net sales totaled EUR 4.6 billion with 17,500 employees. The company has operations in 160 locations in 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.