Wärtsilä Automation Norway and Emerson Process Management to form an alliance for the floating oil production market

Wärtsilä Corporation, Trade press release 2 May 2006 at 10:00 UTC+2

Wärtsilä Automation Norway, a member of the Wärtsilä group and Emerson Process Management have decided to form a total electrical and instrumentation system alliance for Floating, Production, Storage and Offloading (FPSO) vessels. This alliance will deliver high-performance power plant and process automation systems for FPSO market incorporating leading technologies from both companies.

Dedicated engineering teams of the companies will develop turn-key solutions by collaborating from front-end engineering and design (FEED) through to FPSO commissioning and operation. The delivered solutions can include diesel and dual-fuel engines, generators, power distribution systems, electrical drives, thrusters, motor control centers, and safety and automation systems including metering, valves and instrumentation of the complete vessel.

Wärtsilä is an established supplier power generation systems to the offshore oil and gas industry, based on diesel and dual-fuel engines, thrusters and other related systems. Wärtsilä Automation Norway AS was formed in March 2006 after the acquisition by Wärtsilä Corporation of the Norwegian company Aker Kværner Power and Automation Systems AS. Emerson Process Management is a leading supplier of digital automation systems.

“By combining our marine expertise and extensive project management experience, we will deliver project management and system integration services, minimizing schedule and integration risk for FPSO project owners. Both companies are committed to providing integrated systems on a common platform, needed by operators of FPSO vessels”, says Arne Birkeland, Managing Director of Wärtsilä Automation Norway AS.

The first collaborative project of the alliance is for BW Offshore FPSO “BW Enterprise”. It involves power distribution with high- and medium voltage motor control centres, safety and automation systems including digital process automation, metering stations, instruments and valves.

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Notes to the Editor:

About Wärtsilä 
Wärtsilä enhances the business of its customers by providing them with complete lifecycle power solutions. When creating better and environmentally compatible technologies, Wärtsilä focuses on the marine and energy markets with products and solutions as well as services. Through innovative products and services, Wärtsilä sets out to be the most valued business partner of all its customers. This is achieved by the dedication of more than 12.000 professionals manning 130 Wärtsilä offices in over 60 countries around the world. In 2005 Wärtsilä generated net sales of EUR 2.6 billion. Wärtsilä is listed on the Helsinki Stock Exchange.
Wärtsilä Automation Norway, earlier known as Aker Kværner Power and Automation Systems AS, was fully acquired by Wärtsilä 01.03.2006. Wärtsilä Automation Norway is a leading company in electrical power and automation systems and supply products and systems to Oil & Gas, marine and land based industry sectors.


About Emerson

Emerson (NYSE: EMR), based in St. Louis, is a global leader in bringing technology and engineering together to provide innovative solutions to customers through its network power, process management, industrial automation, climate technologies, and appliance and tools businesses. Sales in fiscal 2005 were $17.3 billion. For more information, visit www.GoToEmerson.com.

Emerson Process Management (www.emersonprocess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution in the chemical, oil and gas, refining, pulp and paper, power, food and beverage, pharmaceutical and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWeb®, Fisher®, Micro Motion®, Rosemount®, Mobrey®, Bristol®, DeltaV™, Daniel®, Ovation®, and AMS™ Suite.

Media contact:
Marit Holmlund-Sund
Public Relations Manager
Wärtsilä Corporation
Direct tel: +358 10 709 1439
Direct fax: +358 10 709 1425
e-mail: marit.holmlund-sund@wartsila.com
Internet: www.wartsila.com