SOURCE: Invensys Operations Management

Invensys Operations Management

July 28, 2011 04:00 ET

Invensys Inks Automation Contracts With Russia's TNK-BP

Automation Systems to Drive Control, Environment and Safety Excellence at Saratov Refinery

LONDON--(Marketwire - Jul 28, 2011) - Invensys Operations Management, a global provider of technology systems, software solutions and consulting services to the process and manufacturing industries, has signed two contracts with TNK-BP, the third largest oil company in Russia and among the top 10 private oil companies in the world by production volumes.

Under the terms of the agreements, Invensys will provide comprehensive automation solutions and services to help drive control, environment and safety excellence at TNK-BP's Saratov oil refinery in western Russia. The 7 million tonnes per year refinery markets more than 20 products, including high-quality gasoline, low-sulphur diesel, naphtha, vacuum gas oil, fuel oil and bitumen.

Invensys will supply its Foxboro® I/A Series® distributed control systems and Triconex® emergency shutdown and critical control systems, as well as Foxboro measurement, instrumentation and control devices for the refinery's hydrofining and isomerisation units. The company will also provide project management, documentation development and other services, including engineering, delivery, installation, testing and start-up, as well as a full range of training courses for the systems, covering development, commissioning and maintenance.

"Our main priority in the refining segment is to ensure steady growth and to meet the requirements of Russia's latest technical regulations on sulphur content in products," said Alexander Romanov, general director, Saratov Oil Refinery. "These two projects will help us to minimise environmental impact, sustain and improve plant safety and maximise profits."

"The hydrofining and isomerisation units are critical parts of the refinery's development programme and the competence of vendors was a critical issue for refinery management. TNK-BP needed a complete enterprise control solution that offered not only technical excellence, but long-term business benefits," said Boris Muratov, general manager, Invensys Operations Management, Russia. "Our eight-year experience with Saratov meant that we had a solid understanding of the company's needs, and were able to offer a high-value, low-risk solution that will help TNK-BP achieve control, environment and safety excellence."

About TNK-BP
TNK-BP is the third largest oil company of Russia, its shareholders on parity basis are BP and AAR syndicate (Alpha Group/Access Industries/Renova). TNK-BP also owns about 50% in Russian Oil and Gas Company SLAVNEFT. TNK-BP accounts for 16% oil production in Russia (including TNK-BP share in Slavneft). Total proved SEC reserves, without consideration of license validity term, amounted to 8.794 bln boe as of December 31, 2010.

About Invensys Operations Management
Invensys Operations Management, a division of Invensys, is a leading provider of automation and information technology, systems, software solutions, services and consulting to the global manufacturing and infrastructure industries. Headquartered in Plano, Texas, its solutions are used by more than 40,000 clients around the world in more than 200,000 plants and facilities.

Invensys Operations Management's offerings are delivered under several prominent industry brands, including Avantis, Eurotherm, Foxboro, IMServ, InFusion, SimSci-Esscor, Skelta, Triconex and Wonderware. The company's approximately 9,000 employees and its global partner ecosystem integrate these products and services to help clients collaborate across systems and enterprises in real time, extracting critical data to make faster, better decisions and synchronize their operations from the plant floor to the executive offices, aligning production goals with business objectives. To learn more about Invensys Operations Management, visit http://iom.invensys.com.

Experience the value of Enterprise Control -- linking business strategy to production execution -- at www.infusionjourney.com.

Invensys plc (www.invensys.com) is headquartered in London and is listed on the London Stock Exchange (ISYS.L), with approximately 20,000 employees working in 50 countries.

Invensys, the Invensys logo, Avantis, Eurotherm, Foxboro, I/A Series, IMServ, InFusion, SimSci-Esscor, Skelta, Triconex and Wonderware are trademarks of Invensys plc, its subsidiaries or affiliates. All other brands and product names may be trademarks of their respective owners.

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