Yokogawa Electric Corporation has entered into a global agreement with BP International Ltd to provide Main Automation Contractor (MAC) services for BP's Exploration and Production Segment. Under this arrangement, BP and Yokogawa have committed to achieve mutual success in the provision of MAC services by managing their business relationship in an open, performance-focused and collaborative manner, with a shared desire to deliver superior long-term value.
Yokogawa products and services covered by this agreement include the Centum CS3000 integrated production control system, ProSafe-RS safety instrumented system, Stardom network-based control system, Plant Resource Manager (PRM) plant asset management package, Fast/Tools Scada software, Exaseries productivity software, field instruments including analysers, project management and system integration engineering services, and operation and maintenance services. All of these products and services are being provided under the umbrella of the VigilantPlant initiative to realise the Automation Blueprint as part of the Field of the Future distinctive technology program, achieving significant improvements in operating performance.
Teruyoshi Minaki, Director and Executive Vice President of the International Business Headquarters, comments: "One Global Yokogawa will continue to deliver forward-looking and reliable upstream automation solutions employing leading-edge technology. The agreement helps pave the way for Yokogawa to become number-one in the global IA market by 2010."
Neil Shaw, E&P Technology Vice President of Projects & Engineering, adds: "We chose Yokogawa based on BP's E&P segment strategy in the major projects area with the overall objective of improving BP's performance. We are looking to develop a longer-term, more collaborative performance-based relationship with Yokogawa to deliver transformational performance."