Eric Watkins
Senior Correspondent
LOS ANGELES, July 16 -- Zurich engineering firm ABB signed a $61-million frame agreement with Petroleo Brasileiro SA to supply process automation systems and related services to eight oil refineries in Brazil over 5 years. The agreement includes $29 million for engineering services.
The Swiss firm said the technology will help produce fuels with lower sulfur content, which have fewer emissions than other fuel blends.
ABB will supply its extended automation System 800xA for process automation with integrated substation automation functions, software and hardware, upgrades of existing installed ABB control systems, along with other project management and engineering services.
The technology, it said, will "help Petrobras expand production at its refineries, maximize energy efficiency, and optimize maintenance and operation costs."
