ABB/GE consortium wins orders worth $80 million in Abu Dhabi

2009-05-28 - Technology and services will boost production in two oil fields

Houston, Texas, May 28, 2009 – ABB, the leading power and automation technology group, announced today that a consortium consisting of ABB and GE Oil & Gas has won two contracts collectively worth around $80 million from Abu Dhabi Company for Onshore Oil Operations (ADCO.) The orders were booked during the first quarter of 2009.

ABB and GE will supply electrical systems and services, as well as compressors, and drive trains for new gas lift and gas injection facilities at the Asab and Sahil fields, to help the two fields to achieve their production targets.
Owned 60% by the Abu Dhabi National Oil Company and 40% by Shell, Total, BP, ExxonMobil and Partex, ADCO is targeting to increase its production to 1.8 million barrels per day.

By combining their resources and experience, ABB and GE Oil & Gas were able to win both contracts against strong competition, offering a broad technology package that met the oil production and recovery requirements of the Asab and Sahil projects.
ABB will supply four variable speed drive systems (VSDS) and the electrical scope, including motors, transformers and converters. ABB will also be responsible for VSDS Full load performance test, and personnel training. GE Oil & Gas is supplying centrifugal compressors for the gas lift project at Asab and the gas injection project at Sahil.

The projects will be commissioned in the fourth quarter of 2012.

“This contract is a major success, outlining ABB state of the art technology in the oil and gas industry, and ABB commitment to the Middle East market,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “Building upon superior products for motors and drives, our advanced technology solutions will help the customer to improve output and achieve new production targets.”

GE Oil & Gas (www.ge.com/oilandgas) is a world leader in advanced technology equipment and services for all segments of the oil and gas industry, from drilling and production, LNG, pipelines and storage to industrial power generation, refining and petrochemicals. GE Oil & Gas employs more than 12,000 people worldwide and operates in over 70 countries.

ABB’s Process Automation division delivers integrated solutions for control, plant optimization, and industry-specific application knowledge and services to help process industry customers worldwide meet their critical business needs in the areas of operational profitability, capital productivity, risk management and global responsibility. These industries include oil and gas, power, chemicals and pharmaceuticals, pulp and paper, metals, minerals, marine and turbocharging.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs more than 120,000 people.

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