BP has signed a global deal with up Tokyo-based Yokogawa which is to become the main automation contractor for BP’s Exploration and Production division. BP and Yokogawa are committed to managing their business relationship in an ‘open, performance focused, and collaborative manner’ with a shared desire to deliver ‘long term value.’
Neil Shaw, E&P Technology VP of projects and engineering said, ‘BP’s E&P segment chose Yokogawa for its major projects with the objective of improving performance. We are looking to develop a longer term relationship with Yokogawa to deliver transformational performance.’
Products and services covered by this agreement include production control, safety systems and plant resource and asset management. Other components include productivity software, field instrumentation, project management and system integration engineering services. These product and service solutions are being provided under the umbrella of the ‘VigilantPlant’ initiative a.k.a the ‘Automation Blueprint,’ a.k.a. the ‘Field of the Future’ program.
Teruyoshi Minaki, Director and Executive VP with Yokogawa added, ‘This global agreement will deliver innovative and reliable upstream automation solutions. This deal paves the way for Yokogawa to become No.1 in the industrial automation market by 2010.’ Yokogawa, a $4 billion company, has a global network of 18 manufacturing facilities, 84 companies, and 650 sales and engineering offices in 33 countries.
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