ABB wins $18 million order for subsea pipeline construction vessels

Energy efficient electric propulsion, reliable power distribution systems for two deepwater pipeline installation vessels to be built by Daewoo in South Korea

May 16, 2012 (Zurich, Switzerland) – ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The order was booked in the first quarter.

South Korean shipyard Daewoo Shipbuilding and Marine Engineering (DSME) will build the vessels. The end customer, a joint venture between French oil service company Technip and Brazilian company Odebrecht Oil & Gas, will use the vessels to connect subsea wells with floating installations in depths of up to 2500 meters along the coast of Brazil for oil company Petrobras.

Wärtsila Ship Design developed the new VS 4146 PLV design with a solid tension capacity of 550 metric tons, and designed for optimal fuel consumption and flexible pipe laying operations. ABB’s delivery will help the vessels use less fuel while operating at the highest levels of efficiency.

ABB will supply drives, motors and generators, medium voltage switchgear, transformers and softstarters that will provide energy efficient propulsion and a reliable power distribution system on board. In addition, ABB will take full project responsibility and do complete engineering for its own scope of supply. The diesel electric propulsion system will significantly reduce fuel consumption compared to traditional diesel mechanical systems. The heart of the propulsion system is ABB’s propulsion drives, which are designed for optimized control of the propulsion motors, contributing to reduced fuel consumption and lower emissions.

“ABB’s oil and gas industry expertise, proven marine solutions and subsea experience address the needs of the growing subsea installation service market,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “Our environmentally friendly, energy efficient solutions and solid power infrastructure systems help both oil companies and their suppliers ensure the reliable and efficient operation of their vessels from their very first day in service.”

The two identical vessels will be delivered in 2014.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 135,000 people

For help with any technical terms in this release, please go to: www.abb.com/glossary