New Ships Weekly Report

The joint venture between Russia’s United Shipbuilding Corporation (USC) and Italy’s Saipem, which will design offshore platforms and pipelines, will be based at Russia’s Baltic Shipyard, USC President Mr Roman Trocenko said.

“The joint venture has already been created and we are now recruiting staff,” Trocenko said. The joint venture will be an engineering centre for the design of offshore oil platforms, pipelines and other equipment. Russia’s Federal Antimonopoly Service (FAS) has approved the purchase of a 50 percent of  Saipem’s LLC SaiRus by USC’s Western Shipbuilding Centre. An agreement on the joint venture was signed in April last year. The bureau already had one contract at the time, and its order book was expected to reach 25 million rubles by the end of last year, Trocenko has said. The joint venture will not have production assets. The bureau will design vessels for the Shtokman offshore oilfield project, among others.
Contact: Mr. Roman Trocenko, The President, Objedinennaye Sudostroitelnya Korporatsiya – OSK (United Shipbuilding Corporation - USC) 12 Presnenskaya nab, Moscow, Russia. Tel. ++7 495 645 97 04. Fax. ++7 495 645 97 03.
Email osk@oaoosk.ru Internet www.oaoosk.ru