Emerson (NYSE: EMR) and BP have signed a global agreement for Emerson Process Management, a global business of Emerson, to provide automation technologies and aftercare services for BP’s upstream oil and gas operations. The new 10-year agreement extends the existing arrangement between the companies, allowing Emerson to provide an expanded scope of technologies and expertise that help ensure safe and competitive projects and support BP’s Field of the Future program for enhanced operating efficiency and oil recovery.
The new agreement expands the companies’ existing relationship on upstream projects. Under the scope of the new agreement, Emerson will continue to supply automation system technologies, including distributed control systems and safety instrumented systems, but will now also provide valves and measurement instruments, as well as technologies for supervisory control and data acquisition, asset management, and machinery health monitoring.
As the main automation contractor, Emerson will also continue to deliver a range of project and support services that include system engineering, installation, configuration, testing, and ongoing support. Additionally, the agreement provides for ongoing maintenance of existing systems.
This new agreement builds on the collaboration between BP and Emerson on a number of major upstream projects around the world. Emerson is currently providing automation services to BP for a floating production, storage, and offloading (FPSO) vessel for the Quad 204 development and Clair Ridge offshore platform, both in the North Sea to the west of Shetland, and for the Chirag Oil Project and Shah Deniz Stage 2 project in the Caspian Sea.