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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.

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Technip awarded a substantial EPIC contract for the Juniper field offshore Trinidad

Technip has been awarded a substantial (1) EPIC (2) lump sum contract by BP Trinidad and Tobago LLC for the development of the Juniper project, to be located off the South East coast of Trinidad.

The scope of work consists of design, detailed engineering, procurement, construction, load out and mechanical completion of:

4,300 short ton topsides that can process 590 million standard cubic feet per day (MMSCFD) of gas, 6,100 short ton jacket.

The contract will also cover the design, detailed engineering, procurement, fabrication, transport, installation and pre-commissioning of:

  • 5 off, 10” and 8” internal diameter flexible flowlines,
  • 26” outside diameter , 10km concrete coated rigid subsea pipeline,
  • an extensive diving campaign to support clients LNG train and field turnaround,
  • large number of subsea structures and tie-in spools.

Additionally, it includes the transport and installation of client supplied umbilicals, trees and flying leads.  Technip's operating center in Houston, Texas, USA, will perform the overall design, detailed engineering and project management. Offshore installation is scheduled for the second half of 2016.

National content is of strategic importance to Technip. Platform fabrication will be performed in Trinidad using a local fabricator. Technip will bring its worldwide fabrication competencies and expertise to this project. The flexible pipes will be manufactured at Technip's Flexi France facility in Le Trait, France. Technip’s S-Lay pipelay vessel, the G-1200, will install the rigid pipelines. Additional vessels from Technip's fleet will install the flexibles as well as umbilicals, and provide construction work support.

Following the FEED support, project planning and detailed engineering work, in which Technip and its subsidiary Genesis have been involved for almost a year, this award validates the Group’s strategy of early involvement to design an effective project execution plan.

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ABB acquires Spirit IT to further strengthen its measurement product portfolio

ABB, the leading power and automation group, announced today it has agreed to acquire Spirit IT of Eindhoven, Netherlands, to add 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 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.

Spirit IT’s employees will join the global Measurement Products business unit in ABB’s Process Automation division. Terms of the deal are not being disclosed but the transaction is expected to close in the fourth quarter of 2014.

“The addition of Spirit IT’s products to ABB’s Measurement Products portfolio will enable us to offer a more comprehensive automation solution for liquids and gas,” said Veli-Matti Reinikkala, head of ABB Process Automation division. ”The Spirit IT portfolio adds the liquid measurement component to ABB’s industry leading gas measurement and automation product line. This combined offering will deliver comprehensive expertise and market strength to customers and provide new opportunities for growth in the oil and gas segment.”

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.

“ABB offers tremendous opportunity for Spirit IT’s flow computer technology to reach a wider range of applications in the global market,” said Harry Kok, President, Spirit IT. “In addition to helping Spirit IT broaden its product line to address new opportunities, this acquisition will also provide a great opportunity for our employees to expand their career options in a much larger global organization.”

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Clough acquires UK Engineering and Controls Business

Engineering and project services company Clough Limited today announced the acquisition of Booth Welsh, a privately owned engineering services company headquartered in Ayrshire, Scotland.

Booth Welsh specialises in the provision of electrical, instrumentation and automation design, process consultancy, project management, implementation and commissioning services. Established in 1989 by John Welsh, the company employ around 250 personnel, with the majority of the workforce comprising qualified engineers and designers. Booth Welsh services clients in the Oil & Gas, Life Sciences, Petrochemical, Chemicals, Nuclear, Utilities, and Food & Beverage industries.

The acquisition follows the establishment of Clough’s engineering centre in Glasgow earlier this year.

Clough’s CEO and Managing Director Kevin Gallagher said the circa £9 million (A$16 million) acquisition brings complementary skills and significantly strengthens its service offering to clients.

“Booth Welsh will become a centre for highly specialised electrical, instrumentation and automation design. The Company’s controls and asset management capability will enhance Clough’s operations and maintenance services, while their specialisation in control system design will assist the CloughCoens commissioning business in Korea with design, delivery and commissioning activities.”

Booth Welsh’s Managing Director Martin Welsh said he was looking forward to the opportunities this transaction would bring.

“As part of Clough, Booth Welsh will access larger scopes of work in our current market sectors, while expanding our Oil & Gas business globally. We will draw on Clough’s strong engineering and project management capabilities to provide a comprehensive suite of engineering and design services to our clients.”

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Magnetrol Zele, Belgium Plant receives BREEAM Interim Certificate for Design

Magnetrol® International NV, in Zele, Belgium, has received a BREEAM® Interim Certificate for the Design Stage of its production and office facilities expansion, achieving a score of Very Good. BREEAM is the world's foremost environmental assessment method and rating system for buildings, with over 250,000 building certifications and over a million buildings registered for assessment since its inception in 1990.

MAGNETROL regional headquarters for the EMEAI markets has been located in Zele for more than 40 years. A result of the company’s strong growth, the expansion project increases the facility footprint by more than 5,000 square meters. With ground-breaking on December 12, 2012, production facilities completed in October 2013 and office space completed in June 2014, the Zele manufacturing complex will be one of the first industrial buildings in Belgium with BREEAM certification.

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