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Press release from Business Wire

BP Awards Emerson Multimillion-Dollar Contract To Provide Automation Technologies, Services For North Sea Oil Production

<p class='bwalignc'> <i>Integrated control and safety systems will help BP manage operations of two new platforms for the Clair Ridge project</i> </p>

Wednesday, May 30, 2012

BP Awards Emerson Multimillion-Dollar Contract To Provide Automation Technologies, Services For North Sea Oil Production01:30 EDT Wednesday, May 30, 2012 AUSTIN, Texas (Business Wire) -- BP has awarded Emerson Process Management, a global business of Emerson (NYSE: EMR), a $23 million contract to supply control and safety systems for two new offshore oil platforms in the North Sea. The platforms are part of the Clair Ridge project being developed by BP and its co-venturers, ConocoPhillips, Chevron, and Shell, and will use the latest technologies to enhance oil recovery and avoid environmental impact in the area near the U.K.'s Shetland Islands. In addition to providing automation technologies, Emerson will serve as the project's main automation contractor under a global agreement with BP. In this role, Emerson will provide automation services that include system engineering, installation, configuration, testing, and ongoing support. The integrated Emerson solution will use Emerson's PlantWeb™ digital plant architecture, including its DeltaV™ digital automation system, DeltaV SIS™ process safety system, and AMS Suite predictive maintenance software. These digital automation technologies will support BP's Field of the Future® program for enhancing operating efficiency and oil recovery. The DeltaV digital automation system will control and monitor platform operations, while the DeltaV SIS system will manage process and emergency shutdown functions, if needed, plus fire and gas detection to enable secure control of oil production on the platform. The AMS Suite software will enable onshore technicians and managers to monitor the platforms' instruments, valves, and other automation equipment – including diagnosing problems and scheduling maintenance when it will be most cost-effective. Wellhead monitoring and control functions will take advantage of Emerson's Smart Wireless technologies, which help reduce engineering and cabling costs, as well as installed weight on the offshore platforms. “BP and Emerson share the same ideals of using the latest technologies to improve performance and enhance safety,” said Steve Sonnenberg, president of Emerson Process Management. “We are delighted that BP recognizes the value that our automation technologies, our experience in managing offshore projects, and our local support capabilities can add to this project.” BP has also awarded Emerson additional contracts to supply its Micro Motion® Coriolis mass flowmeters; Rosemount® pressure, temperature, level, and flow transmitters; Fisher® control valves and regulators; Rosemount Analytical gas chromatographs; and Roxar Watercut meters for the Clair Ridge platforms. This is one of several offshore projects where customers have turned to Emerson for its automation expertise, which can help producers operate responsibly, get to first production more quickly and easily, improve operating efficiency, and optimize production and yield. BP has described Clair Ridge as its most significant current project on the U.K. continental shelf. Production from the new platforms is expected to begin in 2016, with potential peak production up to 120,000 barrels of oil per day. 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 2011 were $24.2 billion. For more information, visit www.Emerson.com. Field of the Future is a mark of BP. DeltaV, DeltaV SIS, PlantWeb, Fisher, Syncade, Micro Motion, Rosemount, Daniel, and Ovation are marks of Emerson Process Management legal entities. All other marks are the property of their respective owners. For EmersonDenise Clarke, 512-899-0004denise.clarke@fleishman.com