Shell signs Yokogawa in global deal
16 February 2010
Shell has signed a Global Framework Agreement with Yokogawa establishing a new alliance between the two companies. Yokogawa will become a main automation contractor (MAC) for integrated production control and safety instrumented systems.
In 2009 Shell started work to reduce the number of equipment and systems suppliers for its plants, and has assessed and narrowed down the list of contractors that it works with in the control systems field.
The Yokogawa contract includes ongoing maintenance of systems and the supply of new systems for both brownfield and greenfield projects. The move is part of Shell's initiative to achieve top quartile performance across categories in support of its "More Upstream, Profitable Downstream" strategy.
Nick Curley, Shell's Upstream Automation Portfolio manager, said, "This GFA marks a completely new approach within Shell: this is a long term, competitive, collaborative, and performance based relationship that will facilitate the delivery of value to both parties."
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