print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all Rosneft Oil Company press releases

Rosneft Oil Company

May 19, 2016

Rosneft, Keppel and MH Wirth establish Design and Engineering Center for offshore drilling rigs

Rosneft, Keppel Offshore & Marine and MH Wirth have signed shareholders’ agreement on establishing a Joint Venture (JV) for the creation of Design and Engineering Center for offshore drilling rigs in Russia.

The main tasks of the Center established by the JV (Rosneft – 45%, Keppel Offshore & Marine – 45%, MH Wirth – 10%) will be the design of drilling rigs for offshore work, engineering and commercial activity.

The agreement provides for design, engineering and commercial activity by the Center to support projects at the Zvezda Shipbuilding complex in Vladivostok as well as attraction of orders from other Russian and international companies. The Center will be also engaged in training in the area of engineering and design.

The document signed starts a new stage in the creation of the rigs for offshore exploration and production by Rosneft. The new Design and Engineering Center will contribute to the increase of the Company’s potential in the area of designing world-class offshore equipment.

Commenting on the signing, Rosneft Chairman of the Management Board Igor Sechin said: “We are pleased that it will be an international consortium to design the new equipment – created by Rosneft together with the world leading offshore rig designer and builder from Singapore, and a world leading supplier of drilling equipment and technologies from Norway. This project is an example of how the experience and technologies of the world’s market leaders may be used to meet the global challenges such as the development of the offshore oil and gas resources”.

Note for editors:

Keppel Offshore & Marine Ltd (Keppel O&M), a wholly-owned company of Keppel Corporation Limited, is a global leader in offshore rig design, construction and repair, ship repair and conversion, and specialised shipbuilding. It integrates and harnesses the experience and expertise of 20 yards and offices worldwide to be near customers and markets. Driven by innovation and a capable people with the Can Do! spirit, Keppel O&M strives to become a builder of distinction in every aspect of its business.
MHWirth is a leading global provider of first-class drilling solutions and services designed to offer its clients with the safer, more efficient and reliable alternative. The company vision is centered on an unparalleled commitment to quality and yielding economic advantages for its customers and stakeholders.

Rosneft information division
May 19, 2016

 

 

 

Search by industry

Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer