Emerson Process Management and Wärtsilä Corporation announce expansion of powerful global offshore alliance

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Emerson Process Management and Wärtsilä are expanding their powerful global alliance on the strength of successful power and automation projects for major FPSO conversions completed by the companies, including the YKN FPSO done for BW Offshore and now operating in the Gulf of Mexico.
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MEDIA CONTACT:

Grace Capwell
Emerson Automation Solutions
+1 (512) 834-7214
Grace.Capwell@emerson.com


Collaboration combines technology and system integration expertise to deliver energy and automation solutions

Houston, Texas (May 6, 2008) – Wärtsilä and Emerson Process Management today announce expansion of their powerful global offshore alliance. Under this expansion, they can now deliver integrated energy and automation systems for Floating Production Storage and Offloading vessels and semi-submersible oil and gas drilling rigs.

The companies' expanded relationship combines the process automation knowledge and state-of-the-art measurements and digital automation technology of Emerson, with the high efficiency power-generation, power-distribution and vessel-automation systems and products of Wärtsilä. Combined, they offer a single point for serving the Floating, Production, Storage and Offloading (FPSO) segment. In particular, they can now offer all system engineering, purchase, installations, commissioning and servicing for this market. 

"The global sourcing and supply required in FPSO construction amplify the importance of the expert engineering and project management that our alliance makes available," said Jaakko Eskola, Group Vice President, Wärtsilä Ship Power. "Emerson and Wärtsilä's enhanced alliance delivers efficiency, true system integration, turnkey delivery and extended engineering services. We will also enable smooth tanker conversion and commissioning at the site, effectively delivering first oil rapidly at the highest speed." 

"The expanded alliance provides a strong local presence in the most dominant areas of oil and gas exploration around the globe. This world-wide capability ensures that single-stop service is closer to the customer," commented Tom Snead, President of Emerson's systems and solutions division.  "The comprehensive project and engineering capabilities provide unique advantages for builders, owners, and operators in the marine industry by reducing risk in their capital intensive projects." 

Emerson is a global supplier of process automation and control for oil and gas, refining, chemical and other industries, while Wärtsilä supplies power, automation and propulsion systems to marine and energy customers worldwide. The expansion of their alliance is based on the strength of two major FPSO conversions completed by the companies — YÙUM K'AK'NÁAB (YKN) now operating in Gulf of Mexico, and Teekay Petrojarl SIRI FPSO, now installed in Brazilian waters — and two other major conversions in process. The engineering teams from these two industry leaders began their collaboration in 2006 within an alliance then mainly covering FPSO vessels.

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About Emerson
Emerson (NYSE: EMR), headquartered in St. Louis, Missouri (USA), is a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. Our Emerson Automation Solutions business helps process, hybrid, and discrete manufacturers maximize production, protect personnel and the environment while optimizing their energy and operating costs. Our Emerson Commercial and Residential Solutions business helps ensure human comfort and health, protect food quality and safety, advance energy efficiency, and create sustainable infrastructure. For more information visit Emerson.com.

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