Italy: Fincantieri and NLI Sign Important Collaboration Agreement

Fincantieri and NLI Sign Important Collaboration Agreement

The shipbuilding giant Fincantieri Cantieri Navali Italiani S.p.A. and NLI, a Norvegian total supplier to Oil & Gas business, announced the signing of a collaboration agreement, supporting the aim to penetrating the Mobile Drilling Units construction market.

This agreement includes the development of an innovative high quality drilling tower.

For NLI the partnership is a milestone. In 1974 they delivered the first derrick to the Norwegian offshore industry. Most recently they have developed a drill tower solution new to the global market. With this Italian-Norwegian partnership NLI sees a great opportunity to reach out with their innovative solutions.

From now on the parties will include each other when approaching the market and present their projects to the various contractors and operators / oil companies.

This important agreement follows the recent creation of the new Fincantieri Offshore Business Unit, dedicated to the commercialization and production of high valued offshore vessels such as Drill ships, Semisubmersibles Drilling Rigs, Pipe Layers, Construction Vessels and Non Standard Supply Vessels.

The Fincantieri Offshore value proposition is based on the offer of new generation turn-key vessels, tailor made to meet specific client requirements.

Mr. Sigve Barvik, Marketing Director of NLI commented: “We now have a yard, with financial power and world class know-how, which is prepared to support the potential of our drilling tower. Fincantieri’s European deep-water drilling initiative is unique and will allow to fully develop a drilling tower with superior performance, efficiency, eco friendliness, and safety for the personnel”.

Commenting on the agreement, Mr. Giuseppe Coronella, EVP Fincantieri Offshore Business Unit said: ”We are very motivated to start this joint development process with a company delivering quality drilling and topsides engineering solutions. This will strengthen the capability of the established Fincantieri’s drilling supply chain, the “Polo Offshore”.

Source: Fincantieri, May 25, 2012; Image: NLI

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Mail: IBC Asia (S) PTE LTD, 111 Somerset Road, TripleOne Somerset #10-06 Singapore 238164

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