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TWO PLATFORM MODULES WILL SUPPORT EXPORT OF CRUDE OIL AND NATURAL GAS
19 October 2004 - ABB (Power Technologies)
| ABB, the leading power and automation technology group, said today it has won a contract worth nearly $100 million to modify an oil platform off the coast of the Russian Far East. |
ABB, the leading power and automation technology group, said today it has won a contract worth nearly $100 million to modify an oil platform off the coast of the Russian Far East. The contract for the Molikpaq platform was awarded by the Sakhalin Energy Investment Company Ltd., a joint venture between Shell, Mitsui and Mitsubishi. Under the terms of the agreement, ABB Lummus Global will design and construct two modules for the Molikpaq platform, enabling the export of crude oil and natural gas via a newly installed pipeline system. The Molikpaq platform is subject to extreme climate conditions, with a very short summer season in which marine operations and installation work.can be carried out. ABB's ability to manage the project within such environmental constraints was an important factor in the award, ABB said. Work has already started and is due to be completed in 2006, when the modules, with an overall combined weight of 3,000 tons, are due to be installed on the Molikpaq platform.
http://abb.com/uk
About: ABB (Power Technologies)
ABB is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impacts. ABB in the UK operates from more than 20 locations nationally and employs around 2,500 people. The ABB Group of companies operates in around 100 countries and employs about 105,000 people.Power Technologies
The Power Technologies division serves industrial and commercial customers, as well as electric, gas and water utilities, with a broad range of products, services and solutions for power transmission and distribution. The portfolio includes transformers, switchgear, breakers, capacitors and cables, as well as high- and medium-voltage applications, many of which are also sold through external channel partners like distributors, system integrators, contractors and original equipment manufacturers. Automation Technologies
The Automation Technologies division serves the automotive, building, chemicals, consumer, electronics, life sciences, manufacturing, marine, metals, minerals, paper, petroleum, transportation, turbocharging and utility industries. Key technologies include control, drives, enterprise software, instrumentation, low-voltage products, motors, robots and turbochargers. These offerings are supported by field maintenance and asset management services, and are sold both directly and through channel partners.
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