ABB Wins Order For More Than $100 Million For Oman Gas Plant

ZURICH--ABB Ltd (ABBN.VX) Tuesday said it won a contract worth more than $100 million to build a new gas condensate processing plant for Petroleum Development Oman in the Sultanate of Oman.

MAIN FACTS:

- The order was booked in the second quarter.

- The new Saih Nihayda Condensate Stabilization Plant will be located near the Saih Nihayda gas plant in the north part of PDO concession area, and will have the capacity to process 4,500 standard cubic meters of condensate per day.

- The new plant will be used as a backup for the existing central processing plant to ensure continued gas production for PDO's domestic and export customers.

- ABB will be responsible for the engineering, procurement and construction (EPC) of the condensate stabilization facilities, including project management, training, testing and on-site support for operation and maintenance after start-up.

- In addition, ABB will supply power equipment such as low- and medium-voltage switchgear, power transformers, the electrical control system, as well as continuous emission monitoring systems and other analytical instrumentation.

-Zurich Bureau, Dow Jones Newswires, [phone]; [e-mail]

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