SEPTEMBER 4, 2011 — South Korea's Daewoo Shipbuilding & Marine Engineering (DSME), has awarded a $6.7 million plus order to Rockwell Automation (NYSE: ROK).

The contract covers deliveries of Rockwell Automation fully integrated safety solutions to four newbuild Transocean drillships, with options for six more ships. It follows a $6 million plus order from DSME to Rockwell Automation for four newbuild drillships in 2011.

Rockwell Automation will employ its large-project delivery management expertise to provide its PlantPAx Integrated Control Power and Safety Solution with the AADvance process safety system.

The contract covers deliveries to four new Transocean drill ships, with options for six more ships. It follows a $6 million+ order from DSME to Rockwell Automation for systems for four drillships in 2011.

According to DSME, Rockwell Automation offers a complete portfolio of offshore solutions, and a proven, robust system for DSME to improve its system availability and enhance the safety systems for offshore applications, including drillships and rigs.

"We're confident that Rockwell Automation will deliver and commission integrated information, control, power and safety systems needed to complete this important project for Transocean, based on their expertise to design, develop and deliver automation systems for the offshore industry," said a DSME spokesperson.

"This win is significant because it demonstrates our outstanding ability to deliver control and safety solutions for offshore vessels and drilling rigs," said Terry Gebert, vice president and general manager, Rockwell Automation Global Solutions. "Our experience and domain expertise in the oil and gas industry, as well as our global engineering resources, will help DSME and Transocean develop and maintain productive, safe and sustainable operations."

Deliveries are scheduled for early 2014. All key solutions are scheduled for completion by June 2014 for the first vessel, and by October 2015 for an additional three vessels.