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MENAFN - - 6/26/2012 7:32:31 AM

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: Rolls-Royce awarded Power Generation contract by LUKOIL in Russia

Jun 26, 2012 (Menafn - M2 PRESSWIRE via COMTEX) --Rolls-Royce , the global power systems company, has been awarded a contract to supply two industrial Trent 60 gas turbines to power, Russian oil company, LUKOIL's Stavrolen Power Plant in Budennovsk, Russia.

The contract was awarded by Russian contracting company Synergetic Projects LLC, general contractor of the Stavrolen Power Plant.

Denis Dolgov, Vice President -- Power Business, LUKOIL said: " Rolls-Royce Trent 60 gas turbines provide a reliable, efficient and commercially competitive fit to meet LUKOIL's requirements. The units will enable the Stavrolen Power Plant to reach power capacity in compliance with our commitments under the Power Supply Agreement signed with the Russian Power Market."

Tom Sacco, Rolls-Royce , EVP Power Generation -- Energy said: "I am delighted that LUKOIL has selected Rolls-Royce technology to support production expansion at its Stavrolen petrochemicals plant. The proven efficiency and superior fuel consumption of the Trent 60 gas turbine will provide the Russian Power Market with a dependable supply of electricity."

Each Trent 60 unit will produce 58.5 megawatts of power. Exhaust heat from the engines will be recovered to drive a separate steam turbine, providing additional power to Russian Electrical Grid and high pressure steam to support industrial processes of Stavrolen Polyethylene Plant. Each Trent 60 unit will feature Rolls-Royce low emissions technology to minimise environmental impact.

Today's announcement follows a contract awarded in 2011 to supply LUKOIL with five Rolls-Royce Bergen diesel engines, each producing 5.2 megawatts to provide power for pumping, refining and related services at the LUKOIL diamond mine in the Arkhangelsk region of Russia.

The equipment will be manufactured and packaged at the Rolls-Royce facilities in Montreal, Quebec, Canada and Mount Vernon, Ohio, U.S., ready for shipment from 3Q 2012 and entry into commercial service planned for 4Q 2013.

- Rolls-Royce is a world-leading provider of power systems and services for use on land, at sea and in the air, and has established a strong position in global markets - civil aerospace, defence aerospace, marine and energy.

- As a result of this strategy, Rolls-Royce has a broad customer base comprising more than 500 airlines, 4,000 corporate and utility aircraft and helicopter operators, 160 armed forces, more than 4,000 marine customers, including 70 navies, and energy customers in more than 80 countries.

- Annual underlying revenues were GBP11.3 billion in 2011, of which more than half came from the provision of services. The firm and announced order book stood at GBP62.2 billion at 31 December 2011, providing visibility of future levels of activity.

- Rolls-Royce employs over 40,000 people in offices, manufacturing and service facilities in over 50 countries. Over 11,000 of these employees are engineers.

- In 2011, Rolls-Royce invested GBP908 million on research and development, two thirds of which had the objective of further improving the environmental performance of its products, in particular reducing emissions.

- Rolls-Royce supports a global network of 28 University Technology Centres, which connect the company's engineers with the forefront of scientific research.

- The Group has a strong commitment to apprentice and graduate recruitment and to further developing employee skills.

((M2 Communications disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info@m2.com.


 






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