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Honeywell News
| Honeywell's Process Knowledge Solution Selected by Wintershall Noordzee for New Offshore Gas Platform in the North Sea |
Honeywells Experion PKS System to Provide Integrated Solutions PHOENIX, March 25, 2003--Honeywell (NYSE: HON) Industry Solutions has received an order from Wintershall Noordzee for its new L5 natural gas production platform in the North Sea. With the use of Honeywells Process Knowledge Solution, the project is expected to save considerable time and cost to Wintershall Noordzee, a division of Wintershall AG. The solution includes a fully redundant Experion PKS Process Knowledge System for process control, FOUNDATION* fieldbus transmitters, associated implementation and project management services and a redundant Fail Safe Controller (FSC®) safety system that provides emergency shutdown and fire and gas detection capabilities for critical processes. Honeywell Process Knowledge Solutions provide companies with a complete scope of integrated solutions that include knowledge-driven systems, applications, field measurement devices and services to optimize production and improve profitability. We expect to receive significant benefits through working with Honeywell on this project, said Wintershall Noordzees Construction Manager Mr. Taal. With Honeywells Process Knowledge Solutions, were able to deliver a total solution from the field up to integrated process control and safety systems. And, its all with related services, so we deal with just one supplier for the whole project. This translates into less confusion and project management from our side, not to mention the time and cost savings. The L5 production platform is Wintershall Noordzees first FOUNDATION Fieldbus project. Operation of the platform will take place remotely from Wintershall Noordzees main production platform L8P4. Honeywells Distributed System Architecture will enable the new system on the L5 platform to be remotely connected with an existing Honeywell system on the L8P4 platform. Wintershall Noordzee selected Honeywell for this project because of its remote connection capability, as well as easy, full integration between the Experion PKS and FSC systems, and the lifetime warranty that Honeywell offers on its field transmitters. Designed for industrial operations, Experion PKS improves the control, monitoring and management of complex production processes. The project began in December 2002; gas production is scheduled to commence in August 2003. Honeywell International is a diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; automotive products; specialty chemicals; fibers; and electronic and advanced materials. Based in Morris Township, N.J., Honeywell is one of the 30 stocks that make up the Dow Jones Industrial Average and is also a component of the Standard & Poor's 500 Index. Its shares are traded on the New York, London, Chicago and Pacific Stock Exchanges. For additional information, please visit www.honeywell.com. Honeywell Industry Solutions is part of Honeywells Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Industry Solutions, access http://www.acs.honeywell.com/. This release contains forward-looking statements as defined in Section 21E of the Securities Exchange Act of 1934, including statements about future business operations, financial performance and market conditions. Such forward-looking statements involve risks and uncertainties inherent in business forecasts as further described in our filings under the Securities Exchange Act. Process Knowledge Solutions, Experion PKS and Process Knowledge System are trademarks of Honeywell International Inc. FSC® is a registered trademark of Honeywell International Inc. *FOUNDATION is trademark of the Fieldbus Foundation. |