Rolls-Royce wins 75m dollar contract in China

LONDON (ShareCast) - Global power systems company Rolls-Royce has secured a 75m dollar contract to supply PetroChina with equipment and related services to power the flow of natural gas through the world's longest pipeline.

Rolls-Royce will supply PetroChina with an additional six RB211-driven pipeline compressor units, bringing the total number of RB211 units sold for
installation on China and Central Asia's vast natural gas pipeline network to 56.

When completed in 2015, the 7,000km pipeline will link China's western Xinjiang autonomous region to Fuijan province in the south-east, transporting up to 30bn cubic meters of gas per year.

Rolls-Royce, which has provided equipment to PetroChina's West East Pipe Line Project since 2004, will manufacture and package the equipment at its energy facilities in Montreal, Quebec, Canada and Mount Vernon, Ohio, US.

Andrew Heath, Rolls-Royce, President of Energy said: "Rolls-Royce has a strong track record of delivering reliable technology and services to underpin China's growing energy infrastructure. We are delighted to extend our role in the West-East Pipeline Project which uses cleaner, greener energy to boost China's economic growth and ensure greater security of electricity supply to China's fast-developing cities."

Saudi Arabian contract

In a separate statement, Rolls-Royce said that it has signed a four-year contract to provide support for engines powering the Royal Saudi Air Force fleet of Tornado combat aircraft.

"We are delighted to have concluded this agreement which will provide the Royal Saudi Air Force with support for its fleet of RB199 engines over the next four years," said Nick Durham, the President of Rolls-Royce's Defence Customer Business.

"The Air Force is a longstanding and valued customer and we will continue to work together to provide the best possible support for its expanding Rolls-Royce engine fleet."