IPS upgrades automation at Waha Oil in Libya

MARCH 31, 2009 – Invensys Process Systems signed a multi-million dollar contract with Waha Oil Company, a Libya-based oil producer, to provide comprehensive automation upgrades at the company’s oil fields in Gialo, Waha, Dahra, Samha and Defa.

Under the terms of the contract, IPS will deliver its proprietary InFusion enterprise control system technology to replace existing supervisory control and data acquisition systems for five remote-area operating centers and one main control room at the Waha oil field. IPS will also supply 30 new remote terminal units (RTUs) and retrofit existing RTUs, as well as replace wireless Systronic units.

“Our state-of-the-art technology will improve the compatibility between different generations of system components at Waha’s oil fields, as well as grant access to the centralized, real-time information Waha Oil needs to reduce operating and production costs,” said Roberto DiMeo, IPS client sales executive. “We are pleased to serve as their trusted business partner as they improve safety, reduce costs and increase overall efficiency.”

IPS is the leading automation company in Libya and has the largest installed base in that nation. As part of the agreement, the company will also provide project management, systems configuration, and assembly and testing services, including installation, commissioning and training solutions.

These services and solutions will enable Waha Oil to increase production and strengthen its position as one of Libya’s leading producers of crude oil. The company’s InFusion integration tool perfectly fits Waha’s needs and guarantees quick modernization while minimizing plant down time.

About Waha Oil Company
Waha Oil Company is considered to be the second biggest oil producer in Libya and operates four oil fields, the largest of which is Waha Oil Field. In addition to operating the oil fields under its control, Waha Oil Company also handles large quantities of oil for a number of companies, including Wintershall, Total and Zuietina, through its production lines running from the Sirte Basin to Es-Sider terminal, situated on the Libyan coast about 180 km from the city of Sirte. Waha Oil Company is owned by National Oil Corporation in a joint venture with three American companies, namely ConocoPhillips, Marathon and Amerada Hess. These companies are now back working as partners since January 2006 after having left in 1986 when it was known as Oasis Oil Company.

About IPS (Invensys Process Systems)
Invensys Process Systems (IPS), headquartered in Plano, Texas, is a global technology, software and consulting firm leading significant change in process manufacturing, plant optimisation, business operations and enterprise performance. IPS clients are some of the world’s most important industrial organisations — companies that operate large oil refineries; plants that process chemicals, gas, LNG, power, pharmaceutical and minerals; and pulp and paper mills. IPS solutions, used at over 50,000 locations around the globe, include field devices and controls from Foxboro and Triconex, advanced applications from SimSci-Esscor, operations management from Avantis, and the world’s first truly open enterprise control system, InFusion.

The company’s approximately 7,500 employees integrate these capabilities to create solutions that impact and increase efficiency, boost productivity, and accelerate performance. These results help industrial companies run safer, operate more efficiently, and extract useful knowledge from their operations to make faster, better decisions.

The Invensys Group is headquartered in London and is listed on the London Stock Exchange (ISYS.L), with approximately 25,000 employees working in 60 countries.