Honeywell wins $3 million assignment to automate offshore gas platforms in Vietnam

Honeywell (NYSE:HON) announced that it has been engaged by PetroVietnam Technical Services Corporation (PTSC) and the Bien Dong Petroleum Operating Company (BDPOC) to supply an integrated process control system for their new central processing platform currently under construction in Vietnam southern.

When fully operational by the end of 2012, the platform is expected to contribute significantly to meet Vietnam’s increased gas demands by providing two billion cubic meters of gasoline each year and up to 20,000 barrels of condensate daily. BDPOC is a subsidiary of state-run Vietnam Oil and Gas Group (PetroVietnam).

Honeywell Process Solutions (HPS) will implement its award-winning Experion® Process Knowledge System (PKS) with C300 Controller and Foundation Fieldbus capabilities to fully automate the facility.

Safety Manager will also be installed to improve process-safeguarding protocols, such as emergency shutdowns, fire and gas monitoring, and critical application control. By increasing efficiency and reducing downtime, the platform should be able to reach its optimal production volumes.

“In looking for the best automation system, we knew it was important to look not just at cost-effectiveness, but also the best technology that can survive a really tough environment where it is literally exposed to the elements,” said Phan Thanh Tung, PTSC MC director.

“HPS’ solution offered us the perfect partnership of economy and reliability while positioning us favorably for future expansion and development efforts because we’ll be building on excellence.”

“Given Vietnam’s rising gas demand, the country’s oil producers appreciate the importance of enhanced energy efficiency,” said Kelvin Tam, sales manager, Honeywell Process Solutions.

“Using HPS’ technology, BDPOC’s gasoline production and storage capacities can be improved and at the same time they should save quite a bit on maintenance costs.” – VIR

Tags: Honeywell

Posted by VBN on Jul 20 2011. Filed under Oil-Gas & Petroleum. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry