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ABB wins $180 million order from Shell

ABB signs new deal in Nigeria

(Keystone Archive)

The Swiss-Swedish engineering group, ABB, has won a contract worth $180 million (SFr311.4 million) to provide equipment to the Anglo-Dutch company, Shell, for offshore drilling in Nigeria.

The order was part of a $1.4 billion investment in the Bonga project some 120 kilometres off the coast of Nigeria, ABB said in a statement on Thursday.

ABB received the contract from Shell Nigeria Exploration and Production Company, which operates the field on behalf of the Nigerian National Petroleum Company, the concession holder.

Deliveries will commence 15 months from now and continue until 2009, ABB said.

The equipment will be installed in the sea at a depth of up to 1,200 metres.
Under the terms of the contract, ABB is responsible for engineering, procurement and construction of all of the sub-sea equipment required for the Bonga field development, including production control umbilicals and gas lift risers.

ABB is also constructing a new $2 million sub-sea operations base in the Onne free port in Nigeria as part of the project.

"This project is a great opportunity to showcase some of our most innovative and robust technology," said Gorm Gundersen, executive vice-president and head of ABB's Oil, Gas and Petrochemicals division.

"As oil and gas companies go deeper and deeper into hostile environments, they need technologies and systems that are robust and reliable and that can withstand the higher pressure and temperature conditions."

swissinfo with agencies


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