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Oslo, Norway, 2019/12/17 - ABB has signed a new frame agreement to deliver safety and automation systems across Equinor’s installed base and greenfield projects worldwide, helping minimize cost, schedule and risk - ABB.com. ABBN: SIX Swiss Ex
The frame agreement continues more than three decades of collaboration, with ABB supporting Equinor to consider innovative opportunities in an era of greener, cleaner energy and increasing automation.
The agreement will see ABB leveraging its unique automation and intelligent digital solutions, including simulation technologies and processes, to enable cost savings, enhanced productivity and safety for brownfield and greenfield installations internationally.
“With our deep domain expertise across the energy industries, ABB is uniquely positioned to assist Equinor in extending the lifetime of its existing installed base, encompassing 19 offshore and four onshore sites around the world,” said Kevin Kosisko, Managing Director, ABB Energy Industries.
ABB has supported Equinor in projects and operations since the mid-1980s ranging from providing integrated safety and automation, electrical and telecommunication systems to the new Aasta Hansteen gas field, to supplying electrical and telecommunication systems for both the Mariner project in the North Sea and the Gina Krog project on the Norwegian Continental Shelf. ABB was the main automation and electrical contractor for the Peregrino project, offshore of Brazil, and is delivering an integrated ABB Ability™ safety and automation system to the Johan Castberg floating production storage and offloading project.
ABB Industrial Automation ABB’s Industrial Automation business offers a broad range of products, systems and solutions for customers in the process and hybrid industries. These include industry-specific integrated automation, electrification and digital solutions, control technologies, software and lifecycle services, as well as measurement and analytics, marine and turbocharging offerings. ABB’s Industrial Automation business is #2 in the market globally. With deep domain knowledge, experience and expertise, ABB Industrial Automation helps customers increase their competitiveness, improve their return on investment and run safe, smart and sustainable operations.
ABB (abb.com) is a technology leader that is driving the digital transformation of industries. With a history of innovation spanning more than 130 years, ABB has four customer- focused, globally leading businesses: Electrification, Industrial Automation, Motion, and Robotics & Discrete Automation, supported by the ABB Ability™ digital platform. ABB’s Power Grids business will be divested to Hitachi in 2020. ABB operates in more than 100 countries with about 147,000 employees.