Honeywell to Design Integrated Control System for Western Australia's Newest LNG Plant


Agreement with Woodside Includes Advanced Process Control, Operator Training and Safety System Engineering

PERTH, Western Australia, Jan. 10, 2008 - Honeywell (NYSE:HON) today announced a contract to provide the integrated control system for Woodside's new Pluto liquefied natural gas (LNG) Project in Western Australia. The project, based on Woodside's Pluto gas field north west of Karratha, is Western Australia's first new LNG plant in more than 20 years. It is expected to produce 4.3 million tons of LNG per year.

The Pluto LNG Project includes sub-sea wells; an offshore, unmanned wellhead platform; a 180-kilometer trunk line; an onshore LNG plant; and associated infrastructure located near Karratha. Honeywell will provide its Experion' Process Knowledge System R300, as well as advanced process control and operator training systems. Experion will streamline production by controlling all process operations and providing data from subsystems throughout the facility to aid operator decision making. Honeywell will also specify, procure, engineer and integrate the emergency shutdown and fire and gas systems. The integrated system will help mitigate safety risks and improve operational efficiency.

The control system project is scheduled for completion in 2009 and production is expected to commence in late 2010.

"We are delighted to have been selected by Woodside for the Pluto LNG Project," said Tony Cosgrove, regional general manager for Honeywell Process Solutions Australia. "Honeywell has worked closely with Woodside on successive projects to implement a suite of best-in-class LNG technology solutions. Woodside will be able to leverage these solutions for the Pluto Project, enhancing safety and efficiency, optimizing production and improving business performance."

Honeywell's UniSim' Operator Training Simulator will be implemented to provide a life-cycle simulation solution. UniSim allows process design verification and operator training to commence prior to start-up, enabling faster time to first LNG shipments while improving safety.

Honeywell will integrate the entire control system through Experion, including Honeywell's Field Device Manager and Asset Manager applications to help operators efficiently monitor and diagnose field devices, and Honeywell's Uniformance' PHD data historian for efficient and effective data analysis. Additionally, Honeywell will provide consulting services and applications to assist operators sort and prioritize system alarms, thereby preventing potential incidents and unexpected downtime.

For more information about Honeywell solutions that can improve business performance, visit www.honeywell.com/ps.

Honeywell International is a $34 billion 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. It is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. For additional information, please visit www.honeywell.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 Honeywell Process Solutions, access www.honeywell.com/ps.

Contact:
JakeSaylor 952-346-6314
jake.saylor@honeywell.com

Andres Ybarra
602-313-4054 aybarra@webershandwick.com

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