Trelleborg has, through its business area Trelleborg Offshore & Construction, been awarded a contract to supply drill riser buoyancy modules (DRBMs) to one of the major leading drilling companies in the world. The order is the largest to date for the offshore operation of Trelleborg and is in the range of USD 50-60 M depending on final project scope. This order, together with other strategic orders recently awarded and a few pending, reinforces Trelleborg’s position as a leading global manufacturer within the subsea buoyancy market.

The drill riser buoyancy modules will be produced at Trelleborg’s facilities in Houston, Texas, U.S., starting first quarter 2014 and will be delivered through to the end of 2015. Trelleborg has invested significantly in the oil & gas segment. This record order is an acknowledgment of Trelleborg’s strong position within this attractive market segment.

“We are delighted about the contract, not only because we have the opportunity to apply our advanced solutions for exploration and extraction of oil and gas in ever-deeper waters, but also because of the sheer scale and prestigious nature of the project itself. We expect this type of large and complex solutions – requiring in-depth engineering and application know-how – to become more prevalent, going forward. It underlines our global reach as well as second-to-none capabilities within subsea polymer solutions,” says Fredrik Meuller, President of the Trelleborg Offshore & Construction business area.

Tags: Trelleborg Offshore