Offshore contracts worth $150 million for ABB
Three deepwater drilling ships are under construction at the Jurong Shipyard in Singapore, two drill ships are built at Samsung Heavy Industries and another drill ship at Hyundai Heavy Industries in Korea.
ABB will supply the complete electrical system for the rigs, including generators, medium and low voltage power distribution, thruster drive systems, drilling drive system and related engineering and services.
Veli-Matti Reinikkala, head of ABB's Process Automation division attributes the recent commercial success to the group's global strategy. ABB's marine business emphasizes simplicity as a driver in the design, commissioning and operation phases. ABB supplies as per company's statement roughly 50 percent of the global deepwater drilling rig projects that have commenced since 2005.