Caterpillar Selected by COSCO to Power Jackups, Tender Barges

Beijing - Caterpillar Global Petroleum announced today that the Cat® 3516C (HD) and 3512B generator sets have been selected to power a jackup and a tender barge newbuild for COSCO Shipyard Group in China. Six Cat 3516C (HD) generator sets, each with rated power of 1603 bkw @ 1200 rpm, will be used as the prime power for the COSCO tender barge while 5x 3516C (HD) generator sets will be installed on the jackup rig. Each newbuild will also utilize 1x Cat 3512B generator set with a power rating of 1102 bkw @ 1200 rpm for emergency power. The projects are currently under construction at COSCO shipyards in China and the units will be delivered in 2013.

Both newbuilds are among the many offshore projects that have been secured by Caterpillar Global Petroleum in China. Since 2011, Cat 3516C (HD) has been the power solution of choice for both jackup and tender rigs at leading China shipyards including COSCO Shipyard Group, Dalian Shipbuilding Industry Corporation, CIMC Raffles and Shanghai Waigaoqiao Shipyard.

“Caterpillar Global Petroleum is a proven provider of reliable power solutions for the offshore drilling market in China,” Wilton Shen, Caterpillar Global Petroleum Asia Pacific China sales manager noted. “Together with our Cat China dealer, Lei Shing Hong Machinery (LSHM), we have developed a strong partnership with the COSCO Shipyard Group and are proud to serve them as our customer.”

Manufactured in Lafayette, Indiana, the Cat 3500 diesel generator sets have been installed on countless offshore applications around the world en route to becoming the industry standard for prime power. With proven performance in the offshore drilling sector, the 3516C series features market-leading power density, a long overhaul life and the ADEM™ A3 and meet IMO II emissions regulations. The oversized generators were manufactured to handle severe drilling loads and harmonics and packaged by Caterpillar for ease of installation.

Cat dealer LSHM led Caterpillar’s efforts on the sale. LSHM, along with the global Cat dealer network, provides superior, around-the-clock service to customers around the globe delivering stellar product support upon the proven performance of Cat products.

To learn more about the comprehensive Cat solutions for the offshore industry, visit industry experts on hand at the Caterpillar booth at OTC 2013, May 6-9th, in Houston, Texas, (Booth #3341) or visit catoilandgasinfo.com. For up to the minute information during OTC, follow us on Facebook: http://www.facebook.com/caterpillaroilandgas & Twitter: http://www.twitter.com/catoilandgas using #OTCHOUSTON and #CatatOTC.

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About Caterpillar Global Petroleum

Caterpillar Global Petroleum, Caterpillar Inc.’s oil and gas division with headquarters in Houston, Texas, groups all the sales and service activities for Cat oil and gas power solutions. Since the 1930s, Caterpillar has manufactured engines for the oilfield and today provides premier power solutions with outputs from 31 to 16,000 kW. The sales and service network includes more than 2,100 dealer locations world-wide dedicated to support customers in the drilling, production, well service and gas compression segments. More information is available at: http://www.catoilandgasinfo.com/pr

About Caterpillar

For more than 85 years, Caterpillar Inc. has been making progress possible and driving positive and sustainable change on every continent. With 2012 sales and revenues of $65.875 billion, Caterpillar is a technology leader and the world’s leading manufacturer of construction and mining equipment, clean diesel and natural gas engines and industrial gas turbines. More information is available at www.cat.com.

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