UK-based engineering company Rolls-Royce has signed a three-year service agreement with Siem Offshore and Subsea 7 covering a total of 74 offshore vessels.
Under the deal, Rolls-Royce will maintain and service all of the equipment it has delivered to the two companies’ offshore vessels.
“We have delivered equipment to around a quarter of the world’s registered fleet. As a result, we also have service assignments and long-term agreements with a large number of ship owners globally. We also have a network of service stations at 34 locations world-wide, so we can be close by whenever equipment needs servicing or repair,” Knut Hovland, Rolls-Royce, Director, Marine Services, said.
At present, aftermarket services account for roughly 40 per cent of Rolls-Royce Marine’s revenues. Long-term agreements account for around a quarter of this. The company is now exploring digital opportunities to provide ship owners with a growing range of new and more effective service solutions.
These include new types of services based on surveillance of ships’ operations and equipment from control centres located on shore.