Dresser-Rand receives Rolls-Royce assurance

The Dresser-Rand Group yesterday commented on the recent news that Rolls-Royce has signed an agreement to sell its energy gas turbine and compressor business to Siemens. Dresser-Rand has collaborated with Rolls-Royce Energy for over three decades and recently in the LNG and floating LNG (FLNG) market.

Vincent R. Volpe Jr., President and CEO of Dresser-Rand, said: "We are pleased to report that we have been contacted by Rolls-Royce senior management and have been assured that both Rolls-Royce and Siemens are committed to supporting their clients and that Dresser-Rand will continue to have access to the Rolls-Royce aero-derivative gas turbines.

History of collaboration

"Dresser-Rand and Rolls-Royce have a long history of working together around the world, he continued. “For example, all the mechanical drive applications for Rolls-Royce largest aero-derivative gas turbine, the Trent™, are currently driving Dresser-Rand DATUM^® compressors. Further, Dresser-Rand has recently been successful in being selected for two large FLNG projects using the Trent gas turbine as a driver for our DATUM^® liquefaction compressors, demonstrating the value that Dresser-Rand brings to our clients in oil and gas markets.

"We believe this assurance preserves Dresser-Rand's unique position because the company will continue to provide a choice of gas turbine drivers to our clients to meet their specific compression requirements."

Adapted from press release by Ted Monroe

Read the article online at: https://www.lngindustry.com/small-scale-lng/08052014/dresser_rand_receives_rolls_royce_assurance_over_siemens_takeover/