Wärtsilä Corporation STOCK EXCHANGE RELEASE 6.10.2005 at 9.00 am local time
Wärtsilä has received orders for 32 engines from Singaporean Keppel FELS Ltd. The total value of the order exceeds EUR 50 million. The orders will be recorded in the Q3 order book.
The Wärtsilä 26 type engines, giving an aggregate output of 115 MW, will power four jack-up rigs and two semi-submersible platforms. Wärtsilä will also supply steerable thrusters for the platforms.
The rigs and platforms are being built at Keppel FELS Ltd for the Danish company A.P. Möller-Maersk A/S. The first of the jack-up rigs will be completed at the end of 2007 and the drilling platforms in 2008 and 2009.
Keppel FELS is a world leader in the construction of offshore jack-up drilling rigs, semi-submersible platforms and other offshore facilities for the oil and gas industry. A.P. Möller-Maersk Group is a major international enterprise with activities covering shipping, oil and gas exploration and production and shipbuilding. The Group fleet comprises more than 250 vessels.
For further information please contact Mr Mikael Mäkinen, Executive Vice President, Wärtsilä Corporation, tel. +358 10 709 5620.