Honeywell to Enable Remote Operation of Statoil's Valemon Field
Experion Reduces Costs and Lowers Risk On North Sea Platform
OSLO, Norway - Honeywell (NYSE:HON) today announced it has been selected by Statoil, the international energy company headquartered in Norway, to deploy its Experion® Process Knowledge System (PKS) and Honeywell Distributed System Architecture (DSA) at Statoil's Valemon platform in the North Sea. The DSA will allow Honeywell to integrate Experion with Statoil's existing Kvitebjørn platform to enable remote command of the facility, aiming to reduce overall costs and lowering the risks associated with resource recovery.
The Valemon field is located 160 kilometers west of the Norwegian coast and is one of Statoil's largest development projects. The site contains recoverable reserves of 26 billion cubic meters of gas and five million cubic meters of condensate, which equates to over 1 percent of Norway's gas reserves.
Honeywell's Integrated Control and Safety System (ICSS) means work can be continuously controlled and the safety of subsea and topside operations monitored without the need for personnel on site. The entire operation can be operated remotely from the existing Kvitebjørn platform. Honeywell's technology reduces the investments needed to achieve the goal of an unmanned platform as minor additional equipment and minimum engineering is required. The DSA will minimize production costs and increase safety for Statoil personnel, as well as reduce the risk of otherwise duplicated ICSS databases becoming inconsistent over time.
Guantak Park, purchasing manager, Samsung Heavy Industries, said: "We selected Honeywell because of the ability of their Process Knowledge System to seamlessly integrate with existing technology. The proven robustness and functionality of Experion PKS gives us the ability to source solutions to maximize productivity safely and at low cost, and will positively impact our competitive position."
Orhan Genis, vice president, sales, Honeywell Process Solutions, EMEA, commented: "The use of Honeywell DSA and PKS technologies at Valemon demonstrates the industry's recent step forward in resource recovery. The ability to work remotely is opening up the possibility of extracting large untapped reserves in locations, such as the deep North Sea, that were previously too difficult, distant or dangerous to reach, while also helping to drive down costs and increase efficiency."
With production planned to begin in 2014, the gas extracted from the Valemon field will be sent via existing pipelines to supply European gas consumers. Samsung Heavy Industries is acting as the Engineering, Procurement and Construction (EPC) contractor for the project.
Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com. Honeywell Process Solutions is part of Honeywell's Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Process Solutions, access www.honeywellprocess.com.
Experion® is a registered trademark of Honeywell International Inc.
Sarah Wise
602-293-1265
sarah.wise@honeywell.com
