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Palfinger wins NSO wind park order.

PALFINGER Wind, a global leading manufacturer of highly reliable, innovative and tailor-made marine, wind and offshore cranes as well as launch and recovery systems, has obtained major order for the Nordsee Ost (NSO) offshore wind park.

RWE is currently constructing one of the largest commercial wind power projects off the German coast. The starting signal for construction of the 48 wind turbines was given in late 2011; the site is located 30 km north of the island of Helgoland.

The REpower turbines used each have a power of 6.15 megawatts (MW) and cover the electricity consumption of the equivalent of 6,000 households. Completion and commissioning of the wind park is scheduled for 2014. A total of three Palfinger Wind cranes per turbine will be used in the Nordsee Ost wind park: the Nacelle crane PK 40002 M, the PSM 400 on the platform, complemented by an additional SCMT handy crane.

RWE is among the five leading energy supply groups in Europe and is investing around e1/41 billion ($1.34 billion) in the construction of Nordsee Ost. REpower is one of the leading system providers of wind energy plants, both onshore and offshore.

Tried-and-tested lifting concept complemented by an additional platform crane on the second boat landing. With the combination of the Nacelle crane PK 40002 M and the platform crane PSM 400, Palfinger Wind offers a perfectly coordinated lifting concept for transporting parts for maintenance and servicing from the supply ship onto the platform and on into the Nacelle.

The new generation in the PSM 400 platform crane series sets new standards with regard to maintenance and safety as well as environmental compatibility. If the crane is serviced regularly, oil changing will no longer be necessary, and this can save repair costs and time. All mechanical components in the PSM 400 fulfil corrosion category C5-M, and the electrical components comply with a protection class of at least IP 56. The proportional valves permit particularly sensitive control of the crane.

The customarily high safety standard at Palfinger Wind has been verified and confirmed by Germanischer Lloyd (GL). Thanks to the use of bio-degradable oil, the risk of environmental contamination can be practically ruled out. In addition to the PSM 400, Palfinger Wind developed a second platform crane specifically for the NSO wind park. The electric crane SCMT 3kN -- 6.0 m can also be operated manually in the event of a power failure.

Palfinger Marine is the global leading manufacturer of highly reliable, innovative and tailor-made marine, wind and offshore cranes as well as launch and recovery systems. Its global services network, including spare parts supply, guarantees prompt and professional on-site support. The internationally operating company, which has its registered office in Ka...stendorf, Austria, is a member of the publicly listed Palfinger Group.

For many years Palfinger has been one of the world's leading manufacturers of innovative lifting solutions for use on commercial vehicles and ships. As a multinational group headquartered in Salzburg, the company's 5,600 employees generated total sales of approx. e1/4850 million in 2011.

EXPANSION THROUGH ACQUISITION Earlier, the Palfinger Group agreed to take over Bergen Group Dreggen, a renowned Norwegian producer of marine and offshore cranes and lifting equipment. Herbert Ortner, CEO of Palfinger, is pleased with the most recent addition: "Dreggen is well-positioned and shares Palfinger's high quality demands. The incorporation of this company into our Group marks a milestone for our marine business."

Bergen Group Dreggen (Dreggen), headquartered in Bergen, Norway, has 25 years of experience in the market for marine and offshore cranes. An independent division of the Bergen Group, the company specialises in tailor-made crane solutions for the shipbuilding, oil and gas industries. Dreggen is strongly positioned on the Norwegian market and supplies renowned international customers.

Sales offices in Brazil and Singapore and a global sales and services network ensure that Dreggen is also well-positioned for further growth. In 2011, the company's 75 employees generated revenue of approx. e1/430 million.

Excellent growth opportunities are expected in the marine sector and, in particular, the offshore sector. Offshore fleets for drilling platforms and their supply as well as commercial fleets have recorded unrestricted growth in recent years and, in addition, high energy and oil prices have encouraged further investments in exploration and production.

This acquisition is an important growth step for Palfinger's marine business. The integration of Dreggen is going to reinforce the dynamic development of this business even further. The Dreggen cranes will expand the product portfolio for the offshore sector considerably, adding jack-up rigs, FPSOs and drilling vessels. "The offshore sector requires cranes that have been adapted to the highly explosive environment. In future, these special requirements will be perfectly met by the new Business Unit 'Offshore Cranes'," says Karl Oberreiter, head of Palfinger Marine.

In future, Dreggen will operate under the name of Palfinger Dreggen and combine the strong brand values of both companies in the offshore area. Ortner recognises the great potential of this takeover: "Our business area Marine has shown outstanding performance and has already become a highly profitable area of our Company. With Dreggen we can now enter a new dimension that will not only bring about a great boost to growth but will also open up new opportunities and markets".

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Publication:Oil & Gas News
Article Type:Company overview
Date:Apr 3, 2013
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