Edit ModuleShow Tags

Siemens Buys Rolls-Royce Compressor Unit

US$1.32 billion sale includes gas turbine line


Published:

Rolls-Royce is selling its energy gas turbine and compressor business to Siemens for US$1.32 billion. The deal is expected to close before the end of the year.

Rolls-Royce will receive a further US$340 million for a 25-year licensing agreement, granting Siemens access to relevant Rolls-Royce aero-derivative technology for use in the 5364 to 114,000 hp (4 to 85 MW) gas turbine range. Rolls-Royce’s energy gas turbine and compressor business has 2400 employees.

Rolls-Royce’s share of the Rolls Wood Group (RWG) joint venture, which provides maintenance, repair and overhaul services, will be transferred to Siemens.

John Rishton, Rolls-Royce CEO, said, “This agreement … allows Rolls-Royce to concentrate on the areas of business where we can add most value.”

More than 4800 Rolls-Royce aero-derivative gas turbines have been sold worldwide. More than 1700 compressors, rated up to 50,000 hp (37 MW), have been installed.

Edit ModuleShow Tags

Archive »Recent Articles

References: Centrifugal Compressor Rotordynamics In Wet Gas Conditions

References: Systematic Parametric Design/Calculation Of The Piston Rod Unit

Air Liquide’s Texas Footprint Grows

Air Liquide has completed upgrades of its Texas complex in the Bayport Industrial District, which sits east of Houston.

Canada’s NEB Foresees Jump In Nat Gas Production, Consumption

Canada’s National Energy Board (NEB) predicts that Canada’s natural gas production and its domestic natural gas consumption will increase in the next 10 years, according to the U.S. Energy Information Administration.

Engineering Coming Down The Pipeline

Jacobs Engineering Group Inc. received a contract to engineer facilities associated with the Tuxpan-Tula Pipeline Project in Mexico.