Emerson Wins $33 Million Contract to Upgrade Automation on Statoil Platform in Norwegian North Sea

  Emerson Wins $33 Million Contract to Upgrade Automation on Statoil Platform
  in Norwegian North Sea

 New safety and automation systems using Emerson’s new electronic marshalling
  with CHARMs technology will help improve oil recovery from Visund platform

Business Wire

AUSTIN, Texas -- February 27, 2013

Statoil has awarded Emerson Process Management, a business of Emerson (NYSE:
EMR), a $33 million contract to upgrade safety and automation systems on the
Visund oil platform in the Norwegian North Sea.

Previously selected by Statoil as one of its preferred automation and safety
suppliers, Emerson will provide integrated safety and automation systems to
help the international energy company boost oil recovery and extend the life
of the field while also reducing operating costs and minimizing safety and
environmental risks. The Visund project includes a complex but seamless
changeover from existing to new automation and safety systems (known as a hot
cutover) to allow uninterrupted operation of the floating production,
drilling, and living-quarters platform.

Emerson will design, configure, and install the new safety and automation
systems, as well as provide ongoing support services to help ensure continued
smooth operations. Aker Solutions of Bergen, Norway, will provide
project-execution support to Emerson.

To help with space and weight limitations on the platform and to offer more
design flexibility during the upgrade, Statoil will take advantage of
Emerson’s electronic marshalling with CHARMs technology. This technology
reduces the complexity of connecting such systems to the hundreds or thousands
of measurement and control instruments in typical process operations – a
significant advantage because last-minute wiring changes with traditional
marshalling can result in high costs and expensive delays.

Statoil will also benefit from Emerson’s operator and maintenance interfaces
that were designed with human-centered design principles to make it easier for
workers to correctly and efficiently assess operational conditions and take
appropriate action to ensure production uptime.

Based on Emerson’s PlantWeb^™ digital architecture, the integrated solution
will include a DeltaV™ digital automation system to monitor and control
platform operations, as well as a DeltaV SIS system to perform emergency
shutdown functions and to control fire and gas detection systems. Emerson’s
AMS Suite predictive maintenance software will be used for instrument
commissioning and configuration and to monitor field devices for potential
problems that could affect operations.

“Emerson continues to develop its safety and automation business in the North
Sea by providing the best technologies and by investing in support services
and skilled personnel to help our customers make the most of their
operations,” said Steve Sonnenberg, president of Emerson Process Management.
“We are delighted that Statoil has recognized the value our technologies and
experience can bring to the Visund project.”

The Visund oil and gas field, which came onstream in 1999, is located 22
kilometers northeast of the Gullfaks field in the Tampen area of the Norwegian
North Sea.

About Emerson Process Management

Emerson Process Management (www.EmersonProcess.com), an Emerson business, is a
leader in helping businesses automate their production, processing, and
distribution in the chemical, oil and gas, refining, pulp and paper, power,
water and wastewater treatment, mining and metals, food and beverage, life
sciences, and other industries. The company combines superior products and
technology with industry-specific engineering, consulting, project management,
and maintenance services. Its brands include PlantWeb™, Syncade™, DeltaV™,
Fisher^®, Micro Motion^®, Rosemount^®, Daniel™, Ovation™, and AMS Suite.

About Emerson

Emerson (NYSE: EMR), based in St. Louis, Missouri (USA), is a global leader in
bringing technology and engineering together to provide innovative solutions
for customers in industrial, commercial, and consumer markets around the
world. The company is comprised of five business segments:Process Management,
Industrial Automation, Network Power, Climate Technologies, and Commercial &
Residential Solutions. Sales in fiscal 2012 were $24.4 billion. For more
information, visit www.Emerson.com.

Contact:

For Emerson
Denise Clarke, 512-899-0004
denise.clarke@fleishman.com
 
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