Emerson Wins Contract with Golar LNG to Automate Floating Storage and Regasification Unit


Emerson's technical prowess and expertise key to contract in new market

AUSTIN, TEXAS (May 6, 2009) - Emerson Process Management announced today it has won a contract from Golar LNG to supply PlantWeb® digital automation architecture for basic process control and safety systems on the Golar Freeze, a floating storage and regasification unit (FSRU) vessel.

Currently an LNG carrier, the Golar Freeze will be converted into a floating terminal, and docked at a purpose-built jetty in the Jebel Ali Port near Dubai, UAE. Golar will operate the vessel. Dubai Supply Authority (Dusup) will operate the jetty and the high pressure export line into Dubai to supply needed gas during high energy demand months in the summer.

"Floating storage and regasification units are the ultimate example of reuse and innovation," said Tor Jahren, project manager of ship conversions for Golar. "We are looking forward to working side-by-side with Emerson Process Management on the vessel conversion as we trust they have knowledge of the onboard systems and the required capabilities in digital process automation."

Built in 1977, the Golar Freeze is only the fourth traditional LNG vessel to undergo a regasification conversion. Golar and Emerson engineering teams will work side-by-side in Norway on the execution of the project. Conversion is planned to begin in Q4 2009. The converted Golar Freeze will be capable of storing 125,000 cubic meters of LNG and delivering up to 480 MMSCFD (approximately 13.000.000 cubic meters per day) of regasified LNG to Dusup for delivery into the Dubai gas network.

"Golar is a leader in the FSRU market and will inevitably prove to be the innovators of tomorrow," said David Dunbar, president of Emerson Process Management Europe. "We are pleased that Emerson's advanced PlantWeb technology will play a vital role in the cost-effective and safe delivery of natural gas in Dubai."

The Golar Freeze will make use of Emerson's PlantWeb digital plant architecture for process control, power management, and safety instrumented systems. PlantWeb components in the mainstream process and power management systems include the DeltaV(TM) digital automation system, AMS® Suite predictive maintenance software, Fisher® control valves with FIELDVUE® digital valve controllers, and Rosemount® pressure, level and flow transmitters.

Components in Emerson's smart safety instrumented system (SIS) include the DeltaV SIS system, Fisher FIELDVUE SIS digital valve controllers for Fisher valves, and Rosemount SIS measurement instruments.

PlantWeb architecture has an extensive track record of ensuring a fast startup, lowering installation costs, controlling energy costs, and improving operations and maintenance.

Wärtsilä Corporation, an Emerson alliance partner, will replace the main switchboard on the vessel and in addition provide new 6kV and 440V switchboards for the regasification plant. Last year, the two companies expanded their alliance to deliver integrated energy and automation systems for Floating Production Storage and Offloading vessels.

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, pharmaceutical and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb®, Fisher®, Rosemount®, Micro Motion®, Daniel®, DeltaV(TM), 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 to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2008 were $24.8 billion and Emerson is ranked 94th on the Fortune 500 list of America's largest companies. For more information, visit www.Emerson.com.

CONTACTS:
Jerry Moon,
Emerson Process Management
1 (512) 832-3089,
Jerry.Moon@Emerson.com

Lisa Eisenbrey,
Emerson Process Management
1 (512) 834-7106,
Lisa.Eisenbrey@Emerson.com

For more information about Emerson in LNG applications, go to http://www.emersonprocess.com/lngas/.

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