ABB Company News

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How Industry 4.0 is Reshaping Oil and Gas Recruitment
Tuesday, February 19, 2019 Slowly but surely, the proliferation of IIoT, robotics, augmented and virtual reality are leading to a step change in hiring strategies.

Technology as a Disrupter in Oil, Gas
Friday, March 09, 2018 Oil and gas executives discuss the role technology will play in disrupting the upstream during the CERAWeek conference in Houston.

Oil Industry Teams Up to Fight Cyber-Crime
Thursday, September 29, 2016 DNV GL is collaborating with a number of oil and gas companies to develop an industry best practice for addressing the cybercrime threat.

Aker Solutions, ABB Team Up To Develop Subsea Production
Wednesday, April 27, 2016 Aker Solutions and ABB agree to team up to develop solutions that will "improve oil and gas production for the global energy industry," according to a statement from Aker.

ABB Wins NOK 1.1B Statoil Power Contract
Monday, March 16, 2015 ABB wins a $134-million contract from Norway's Statoil to supply power kit to the giant Johan Sverdrup oilfield in the North Sea.

ABB Lands $50M Electrical System Supply Contract for Petronas’ PFLNG2
Friday, February 06, 2015 ABB lands a $50 million contract from JGC to supply the electrical system for Petronas’ PFLNG2.

ABB Offers Views on Industrial Automation for Oil & Gas Sector
Friday, October 10, 2014 ABB provides views on developments in industrial automation for the oil and gas sector.

Arctic Oil, Gas Vessels: The Next Generation
Thursday, July 04, 2013 As several countries step up their plans to exploit oil and gas resources in the Arctic, Rigzone takes a look at the latest generation of Arctic vessels.

OTC Announces Technology Awards
Friday, March 08, 2013 The Offshore Technology Conference has announced 15 technologies that will receive the 2013 Spotlight on New Technology Award recognizing innovative new products that provide significant impact for offshore exploration and production.

Lewek Connector to Provide Cable Installation Services at Troll A
Thursday, September 06, 2012 EMAS AMC has been awarded a contract by ABB for the installation of subsea power cables at Troll A.

ABB Scores Order for Subsea Pipeline Construction Vessels
Thursday, May 17, 2012 ABB recently won an order from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels off the coast of Brazil.

ABB Awarded EPC Gig at Statoil's Troll Platform
Monday, October 24, 2011 Statoil has awarded ABB a contract for the electric drive system for the two new pre-compressors on the Troll A platform in the North Sea.

ABB Wins Subsea Contract for Aker Solutions
Friday, October 14, 2011 ABB has won an order from Aker Solutions to provide drives and transformers to their subsea power distribution system for the Asgard subsea oil and gas field operated by Norway's Statoil.

ABB Scores Marine Gig in Brazil
Wednesday, September 21, 2011 ABB recently won an order to provide power supply infrastructure, systems and equipment for two new floating, production, storage and offloading (FPSO) units operated by Petrobras.

ABB Lands Marine Orders in Asia
Thursday, August 18, 2011 ABB won several orders for a total of $200MM from Samsung Heavy, Hyundai Heavy, Keppel FELS and Jurong Shipyard, to supply equipment 23 new Jackup and DP drilling vessels and one FPSO to be executed in South-Korea and Singapore.

ABB to Power Up Goliat Platform
Tuesday, April 06, 2010 ABB has won an order worth $110 million from Eni to build a power link between a new oil and gas platform in the Barents Sea and the Norwegian power grid.

GE and ABB to Provide Equipment for Increasing Production in Abu Dhabi
Thursday, May 28, 2009 GE Oil & Gas and ABB won two contracts from the Abu Dhabi Company to supply equipment to help the Asab and Sahil fields achieve their production targets.

ABB Aces Installation Contract for El Merk Project in Algeria
Thursday, April 02, 2009 ABB has won a contract for about $490 million as part of the El Merk oil and gas project in Algeria.

ABB Aces Power Supply Orders for Offshore Supply Vessels in China
Monday, January 12, 2009 ABB has won orders for electric propulsion, power generation and power distribution systems for offshore supply vessels to be build in China.

ABB Collects over $150MM in Contracts to Power Drilling Rigs, Drillships
Tuesday, December 09, 2008 ABB recently won six contracts collectively worth more than $150 million to supply main electrical systems for drilling rigs and drill-ships built in Asia.

ABB Acquires Canadian Fabrication Business to Expand O&G Services
Wednesday, November 12, 2008 ABB has signed an agreement to acquire the business of Ber-Mac Electrical and Instrumentation Ltd. of Calgary, Canada, in order to expand its presence and capabilities in the oil and gas sector.

ABB Wins $72M Order for Gjoa Platform Cable
Friday, June 08, 2007 ABB has won an order worth $72 million from Statoil, the Norwegian oil company, to build a power link for a new production platform in the North Sea.

ABB to Manufacture, Install Gjoa Power Cable
Tuesday, May 22, 2007 Statoil has sent a letter of intent to Swedish company ABB Power Technologies for the manufacture and installation of a power cable from the North Sea's Gjoa field.

ABB Wins $26M Contract in Qatar
Monday, May 14, 2007 ABB has received a $26-million order as the Main Electrical and Instrumentation Vendor (MEIV) for two oil platforms currently being built for Maersk Oil Qatar.

ABB Wins $110M in Marine Orders
Friday, March 30, 2007 ABB has signed contracts worth more than $110 million to supply Azipod propulsion, power-generation and power-distribution systems for 19 new vessels being built in Europe and Asia.

ABB Signs Frame Deal for World's Largest GTL Plant
Thursday, November 16, 2006 ABB, a provider of power and automation technology, has signed frame agreements with Shell and Qatar Petroleum to supply equipment for Pearl GTL, the world's largest Gas to Liquids (GTL) complex at Ras Laffan, Qatar.

ABB Wins $215 Million Contract to Boost Oil Output in Algeria
Monday, September 18, 2006 ABB has received a contract from the Algerian oil and gas company Sonatrach to supply pumping stations and automation systems worth more than $215 million.

ABB Wins $210 Million Energy Contract in Algeria
Monday, September 04, 2006 ABB has won a contract worth more than $210 million from the Algerian oil and gas company Sonatrach to expand existing compressor and power systems.

ABB Wins $50 million North Sea Power Contract
Monday, May 08, 2006 ABB has won a contract worth $50 million from BP Plc in Norway to supply equipment for an underwater power link that will increase reliable and safe electricity supply and help reduce greenhouse gas emissions.

ABB Wins Marine Contracts Worth $110 Million
Monday, April 03, 2006 ABB has won contracts worth $110 million in total to supply propulsion and power systems for 12 vessels and five offshore drilling rigs.

Statoil Forms Consortium to Cooperate on Technology Development
Friday, February 03, 2006 An agreement has been concluded by Statoil with a consortium of suppliers consisting of ABB, IBM, Aker Kvaerner and SKF to develop new technology for more efficient operation of oil and gas fields.

ABB Wins $95 Million Automation Order in India
Thursday, January 05, 2006 ABB has won a $95 million contract for an enterprise wide Supervisory Control and Data Acquisition (SCADA) system from India's largest integrated oil and gas company, ONGC Limited.

ABB Wins Several Contracts to Supply Power & Propulsion Systems
Monday, December 05, 2005 ABB has been awarded contracts worth $140 million to supply its Azipod propulsion systems for three vessels and electrical power systems for 11 new marine vessels and two semi-submersible drilling rigs.

ABB Wins Marine Contracts Totaling $80 Million
Tuesday, November 01, 2005 ABB says that it has signed contracts worth some $80 million to supply its Azipod propulsion, electrical power and automation systems for 14 new marine vessels.

ABB Wins Automation Order from Pemex
Monday, February 14, 2005 ABB has been awarded a contract totaling some $80 million for the outfitting and automation of a new offshore oil and gas platform in the Gulf of Mexico.

McDermott & Keppel Sign LOI for ABB Lummus Global Patents
Wednesday, January 26, 2005 J. Ray McDermott and Keppel FELS report that ABB Lummus Global Inc. has accepted in principal the offer made jointly by Keppel and J. Ray for the purchase of ABB's Floating Production Systems US and foreign patents.

ABB Wins Contract to Boost Natural Gas Flow in Algeria
Tuesday, November 16, 2004 ABB has signed a $90 million contract with Algerian oil and gas company Sonatrach TRC to expand and improve gas compressor facilities for the country's pipeline system. The improvements will speed up the flow of Algeria's natural gas.

ABB Wins Contract for Work on Sakhalin Platform
Tuesday, October 19, 2004 ABB has won a contract worth nearly $100 million to modify an oil platform off the coast of the Russian Far East.

ABB Wins Automation Contract for Ormen Lange from Hydro
Wednesday, August 25, 2004 ABB has been awarded two orders totaling $28 million from energy company Norsk Hydro for automation technologies to support the giant Ormen Lange gas field off the coast of Norway.

ABB Wins Contract on Oseberg Field Center
Monday, February 09, 2004 Hydro has signed a letter of intent with ABB Offshore Systems for the modification on Oseberg Field Center in connection with the link-up of the satellite field Vestflanken.

Oceanor Wins Sakhalin Work
Tuesday, January 27, 2004 Oceanor will provide CCT and EMS systems for the Sakhalin II Project offshore Russia.

ABB Wins Electric Propulsion Contract for LNG Carrier
Friday, December 12, 2003 Chantiers de l'Atlantique, ALSTOM Group, has awarded ABB Marine a contract to supply the electric propulsion system for a new 153.000 m3 LNG carrier, owned by Gaz de France.

ABB Wins Karsto Expansion Contract from Statoil
Tuesday, November 25, 2003 A contract worth just over NOK 120 million covering electrical, instrumentation and telecommunications work has been awarded to ABB Offshore Systems by Statoil.

ABB Wins Sleipner Riser Contract
Friday, October 31, 2003 ABB Offshore Systems has been awarded the tie-in and modification work on the Sleipner Riser platform in the North Sea.

ABB to Supply Subsea Equipment for Mutineer-Exeter Project
Thursday, August 21, 2003 ABB has been awarded a contract by Santos to supply subsea equipment for the Mutineer-Exeter Subsea Project offshore Western Australia.

Norsk Hydro Awards Contracts to Norwegian Firms
Tuesday, April 29, 2003 Norsk Hydro has awarded maintenance and modification contracts for the 10 platforms it operates on the Norwegian continental shelf, as well as the Sture terminal, to ABB Offshore Systems and Aker Kvaerner.

ABB Wins US$ 180 Million Subsea Contract Off Nigerian Coast
Thursday, March 22, 2001 ABB says it has won a US$ 180 million order to deliver the subsea production system for the Bonga development project currently underway 120 kilometers offshore Nigeria in West Africa.