Last updateMon, 27 Aug 2018 3am

Jacobs wins Contract from BP in Belgium

Jacobs Engineering Group Inc. has announced  that it received a contract from BP Chembel N.V. for basic and detailed engineering services to upgrade its facilities in Geel, Belgium. Under the terms of the contract, Jacobs is installing new equipment and performing upgrades in the facility’s PTA units. BP’s Geel site is a major producer of purified terephthalic acid and paraxylene, typically used in the manufacture of polyesters. The goal of this project is to optimize operational performance of the BP Geel facilities.

In making the announcement, Jacobs Group Vice President Mark Bello stated, “We have provided services to BP at its facility in Geel for a number of years and are delighted to further develop the relationship through this contract. We look forward to utilizing our extensive capabilities and expertise to support BP with its business objectives.”

Tyco to acquire Industrial Safety Technologies to expand Gas and Flame Detection Capabilities

Tyco International plc has announced that it has reached an agreement to acquire Industrial Safety Technologies (IST), a global leader in gas and flame detection, from Battery Ventures, for $329.5 million in cash.

The combination of IST with Tyco's Scott Safety unit will make Tyco one of the largest global designers and manufacturers of gas and flame detection products. IST holds a technology leadership position in the gas and flame detection industry and is committed to innovating in industrial safety solutions, such as its groundbreaking wireless gas-detection technology. IST brings strong market presence in Europe, the Middle East, and the U.S. Gulf Coast region to complement Scott Safety's detection business.

"We are committed to providing our customers with a full range of safety solutions," said Andrew Chrostowski, President, Scott Safety. "The addition of IST reinforces this commitment and establishes Scott Safety as a world leader in gas detection. Each of IST's businesses provides a unique set of detection capabilities that will enable us to accelerate new product development, expand our geographic presence, deepen our technical expertise and broaden our product offerings and service capabilities."

On an annualized basis, the addition of IST to Tyco's operations is expected to generate approximately $140 million in revenue.  This transaction, which is subject to customary closing conditions, is expected to close in Tyco's fiscal second quarter.

Schneider Electric to supply integrated EMS to optimize generation and network operations

Schneider Electric has signed a contract to supply SEV, the main energy supplier in the Faroe Islands¹, a new integrated solution for the complete management of the island’s electrical network for generation, transmission and distribution operations. SEV must deliver continuous, stable and inexpensive electricity to the island’s inhabitants, while transitioning to a higher renewables model, reducing its diesel-dependency and maintaining grid security and stability.

Starting in November 2014, Schneider Electric will deploy their complete suite of advanced software applications for microgrids including SCADA, Advanced Distribution Management System (ADMS), Power Plant Controller and Weather Forecasting Systems built on DONG’s existing PowerHub system. The PowerHub creates an optimized energy management program for the main island’s local generation and demand response facilities. In December 2013, Schneider Electric and Dong signed an agreement to enable network operators of remote island grids to increase their share of renewables and maintain grid stability.

Mr. Hákun Djurhuus, Managing Director of SEV stated “This first-of-its-kind project will allow SEV to optimize generation and network assets, increase share of local renewable generation to 80% before 2020 by transforming the Faroes’ powerful natural energy resources into clean and affordable energy that will serve the local community.”

Frederic Abbal, Executive Vice-President Energy Business at Schneider Electric added “This suite of integrated applications will build an efficient and sustainable microgrid for SEV improving the planning of local renewable generation facilities based on real-time weather forecasts and asset management to match production plans with actual needs.”

ABB stated global market leader in DCS for 2013

ABBABB has been stated to remain the leading choice of customers for control system services, hardware and software in the oil and gas, pulp and paper and mining & metals industries. ARC Advisory Group has released their Distributed Control Systems Worldwide Outlook report for 2013 in which ABB has retained its leading position in the worldwide DCS (distributed control system) market. According to the study, the global DCS market grew about 4 percent in 2013.

According to the study, ABB was the regional market share leader for Latin America, Europe, Middle East and Africa (EMEA), and the worldwide leader in key global verticals including oil and gas, pulp and paper, mining and metals.

The report also notes that the DCS business has continued to be primarily a service business over the past few years, with combined project, engineering and operational services accounting for more than half of total revenues. The Main Automation Contractor (MAC) approach in which the automation vendor manages the overall project and includes a strong project execution and services component, continues to grow stronger and expand.

“For years ABB has cultivated its capability to serve major projects as the Main Automation Contractor.”, said ARC Senior Analyst Harry Forbes. “The electric power, motor, and drive capabilities across ABB Group augment its process automation expertise, making the firm an attractive choice when capital projects require large or complex electric power systems, especially offshore and sub-sea systems.”

"ABB is well prepared with a broad DCS portfolio including its flagship system 800xA Extended Automation platform, Symphony Plus control system, Freelance process control system for small to medium process applications, as well as its prior generation systems. All ABB control systems offer a secure evolution path forward to next generation technologies to protect and enhance the control system investment over its lifetime” said Tobias Becker, Head of ABB’s Control Technologies business.

ABB completes acquisition of Spirit IT

ABB, the leading power and automation group, announced today it completed its acquisition of Spirit IT of Eindhoven, Netherlands. The acquisition, announced July 25, adds a new line of high-performance liquid flow computers, SCADA and custody transfer solutions to ABB’s leading measurement business for the oil and gas industry.

Spirit IT (www.spiritit.com) designs and sells liquid flow measurement and supervisory solutions for use in oil and gas applications. Its liquid flow computers and software deliver greater accuracy and control for well-pad automation, transportation and custody transfer applications.

The acquisition complements ABB’s Measurement Products portfolio by enabling the company to offer a more comprehensive automation solution for liquids and gas. It adds the liquid measurement component to ABB’s industry leading gas measurement and automation product line and provides new opportunities for growth in the oil and gas segment.

Spirit IT’s employees will join the global Measurement Products business unit in ABB’s Process Automation division. Terms of the deal were not disclosed.

ABB's Measurement Products business unit (www.abb.com/measurement) is among the world's leading manufacturers and suppliers of instrumentation and analyzers. With thousands of experts around the world and high-performance technology, ABB's team is dedicated to making measurement easy for its customers.