Wärtsilä Corporation, Press release, 11 June 2014 at 12 noon EET
Wärtsilä, the marine industry's leading solutions and services provider, has signed an extensive three-year services supply agreement with the Norwegian DOF Group in the end of April 2014. The agreement covers services for all Wärtsilä equipment, including engines and propulsion as well as electrical and automation systems, for DOF's vessels with Wärtsilä equipment operating in Norway, Brazil and Singapore. DOF Group is a global company that provides a comprehensive range of purpose-built offshore vessels and subsea services to the offshore oil and gas industry worldwide. The company owns and operates a fleet of 77 vessels.
Approximately 30 vessels of DOF Group have Wärtsilä equipment on board, including Wärtsilä 34, 32, 26, 20 and Wichmann engines.
"With this agreement with Wärtsilä, we get advice on long-term planning based on our fleet's service needs. The aim is to increase predictability and ensure maximum uptime for our vessels," explains Lars Heine Njåstad, CPO of DOF ASA.
"Wärtsilä and DOF are long-term partners, and this agreement is an important milestone for us. The extensive agreement strengthens our cooperation with DOF Group, increases predictability of operations for our customer, and ensures DOF minimal downtime of their vessels," says Cato Esperø, Sales Director of Wärtsilä Norway.
The industry's most extensive service network
Wärtsilä Services offers services to both the global marine and energy markets, and operates the most extensive service network in the industry. The company's broad portfolio includes environmental services and solutions, the servicing of engines, propulsion systems, electrical and automation systems, and boilers, as well as field services and spare parts. It also covers upgrades and conversions, long-term agreements for engine and propulsion systems, as well as training services.
A supply agreement ensures the availability of OEM spare parts and consumables. The agreement covers also manpower supply for maintenance work, spare parts reconditioning and workshops, extensive online services as well as customer trainings.
Wärtsilä delivers its services through a network of more than 160 service stations, workshops and ship repair centres in nearly 70 countries worldwide, and employs more than 11,000 service professionals.
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Caption: DOF Group owns and operates a fleet of 77 vessels
For further information, please contact:
Mr Cato Esperø
Tel: +47 90 10 31 45
Ms Hanna Viita
Tel: +358 40 167 1755
Wärtsilä in brief
Wärtsilä is a global leader in complete lifecycle power solutions for the marine and energy markets. By emphasising technological innovation and total efficiency, Wärtsilä maximizes the environmental and economic performance of the vessels and power plants of its customers. In 2013, Wärtsilä's net sales totalled EUR 4.7 billion with approximately 18,700 employees. The company has operations in more than 200 locations in nearly 70 countries around the world. Wärtsilä is listed on the NASDAQ OMX Helsinki, Finland.
Wärtsilä Services in brief
Wärtsilä is a global supplier of a full range of products, solutions and services for the marine industry. This capability is backed by the industry's most complete network of service and repair facilities with operations in more than 160 locations in nearly 70 countries. The company's Services & Support Business has the broadest offering in the industry. It ranges from basic support, installation and commissioning, performance optimization, upgrades, conversions and environmental solutions to service projects and agreements focusing on overall equipment performance and asset management.
This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Wärtsilä Oyj Abp via Globenewswire