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Emerson Awarded $17M Contract by Premier Oil

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Premier Oil (OTC: PMOIY) has awarded Emerson Process Management, a global business of
Emerson (NYSE: EMR), a $17 million contract to automate a new offshore
production platform in the Solan oil field on the U.K. Continental
Shelf. Emerson's technologies and services will enable Premier to safely
and efficiently manage the platform 100 miles west of Scotland from an
onshore operations center in Aberdeen.

Designed for unmanned operations, the platform could serve as a model
for future developments in marginal fields, where such operations can
help increase profits as well as worker safety. The Solan field is
expected to produce approximately 40 million barrels of oil, with an
estimated initial production rate of 24,000 barrels a day by the end of

See full press release

 

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