ABB wins order worth over $100 million for a new gas condensate plant in Oman

New facilities will ensure continued gas production for Petroleum Development Oman

Zurich, Switzerland, July 24, 2012 – ABB, the leading power and automation technology group, has won a contract worth over US$ 100 million to build a new gas condensate processing plant for Petroleum Development Oman (PDO) in the Sultanate of Oman. The order was booked in the second quarter.

The new Saih Nihayda Condensate Stabilization Plant will be located near the Saih Nihayda gas plant in the north part of PDO concession area, and will have the capacity to process 4,500 standard cubic meters of condensate per day. The new plant will be used as a backup for the existing central processing plant to ensure continued gas production for PDO’s domestic and export customers.

The project is central to PDO’s goal to sustain gas flows from its main gas production facilities in the north part of PDO concession area. The plant is scheduled for completion by the end of 2014.

“This contract underscores ABB’s trusted technology leadership to deliver full-scope projects to our oil and gas customers,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “Our industry expertise and global and local resources will help this project to be implemented and operated successfully, from design to start-up."

ABB will be responsible for the engineering, procurement and construction (EPC) of the condensate stabilization facilities, including project management, training, testing and on-site support for operation and maintenance after start-up. In addition, ABB will supply power equipment such as low- and medium-voltage switchgear, power transformers, the electrical control system, as well as continuous emission monitoring systems and other analytical instrumentation.

ABB (www.abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve their performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 145,000 people.

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