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Emerson Awarded $1.7M Contract for Performance Monitoring of
Equipment Across Four Trains at Atlantic LNG's Plant in Trinidad
Liquefied Natural Gas plant uses Emerson’s AMS™ Suite: Equipment
Performance Monitor to evaluate the operating performance on a
further 300 items of equipment
Austin, TX, January 24, 2007 - Emerson
Process Management has been awarded a $1.7M contract by Atlantic LNG
to analyze the economic and operating performance of additional
process and mechanical equipment at the company’s Liquefied Natural
Gas plant in Point Fortin, Trinidad and Tobago. Atlantic LNG is
owned by a consortium of operating companies including BP, British
Gas, Repsol, Suez and National Gas Company of Trinidad and Tobago.
By using Emerson’s AMS Suite: Equipment Performance
Monitor, part of the
PlantWeb® digital plant architecture, Atlantic
LNG will be able to optimize and gain maximum economic return from
available assets such as methane, ethylene and propane centrifugal
compressors, gas turbines, oil and gas heaters, and heat exchangers.
This award, which is an extension to the existing contract, will
signify that over 340 items of equipment on Trains 1 to 4 will now
be monitored by using AMS Performance Monitor. Atlantic LNG will use
AMS Performance Monitor to support their existing maintenance
management program to maintain equipment availability and reduce
unexpected downtime.
“Reducing the variable costs of operation on our
trains will push our operating boundaries to generate greater
profits. We know that the AMS Performance Monitor is our preferred
business solution having already seen the value while we utilized
this solution on the first 40 items of equipment at our LNG
facility. Our reliability and engineering team have used AMS
Performance Monitor to determine events that caused a loss of
performance,” said Kevin Harper, Reliability Engineer, Atlantic LNG.
“By adopting this technology we are able to realize the true
potential of our facilities as operating conditions change. The AMS
Performance Monitor will provide us with the tool to improve our
business processes.”
The embracing of AMS Performance Monitor will enable
Atlantic LNG to be proactive with their maintenance management
decisions. Throughout the seven year duration of this project,
Emerson will provide a team of dedicated engineers to handle the
day-to-day evaluation of Atlantic LNG’s performance results,
including impartial consultancy and expertise to analyze and
interpret the performance data and results. This team will work
alongside reliability engineers from Atlantic LNG to identify
performance degradations, implement proactive maintenance, provide
notification of changes in asset performance, and assess the
financial impact of performance upon their process.
“Our major goal is to ensure our customers continue
to realize value from our products and services and this is another
prime example. We are delighted that Atlantic LNG are already
realizing value through AMS Performance Monitor and have extended
the existing contract to incorporate additional units,” said Craig
Llewellyn, president of the Asset Optimization division of Emerson
Process Management.
The AMS Performance Monitor is complementary to
Emerson’s CSI 4500 Machinery Health™ Monitor, providing a combined
predictive diagnostics solution for both performance and condition
monitoring of key production assets. The CSI 4500 Online Machinery
Health Monitor integrates with the AMS Suite: Machinery Health
Manager software application. Both AMS Performance Monitor and AMS
Machinery Manager form part of AMS Suite – an integrated family of
software applications for predictive maintenance, performance
monitoring and economic optimization. Emerson complements AMS Suite
with PlantWeb Services to ensure successful implementation of the
application and maximize the value delivered to manufacturers. For
additional information on AMS Suite and PlantWeb Services visit the
website at
www.AssetWeb.com. Further specific information, including access
to a demo, on AMS Performance Monitor is available at
www.AMSPerformanceMonitor.com.
About Emerson Process Management
Emerson
Process Management, an Emerson business, is a leader in helping
businesses automate their production, processing and distribution in
the chemical, oil and gas, refining, pulp and paper, power, water
and wastewater treatment, food and beverage, pharmaceutical and
other industries.
Asset Optimization, a division of Emerson Process Management, is
a leading worldwide supplier of services and technologies to
increase the availability and performance of production assets for
improved bottom line results. Asset Optimization plays a key role in
Emerson's mission of combining superior products and technology with
industry-specific engineering, consulting, project management and
maintenance services to help customers achieve the potential of
their operations.
About Emerson
Emerson
(NYSE: EMR), based in St. Louis, is a global leader in bringing
technology and engineering together to provide innovative solutions
to customers through its network power, process management,
industrial automation, climate technologies, and appliance and tools
businesses. Sales in fiscal 2006 were $20.1 billion.
PlantWeb® and AMS™ Suite are marks of
Emerson Process Management.
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