ABB, Aker Solutions Join Forces on Subsea Production
ABB and Aker Solutions have come to an agreement that aims to build on their combined strengths in subsea, power and automation technologies to develop solutions that will improve oil and gas production for the global energy industry. The cooperation strives to integrate ABB's technologies in subsea power and automation and Aker Solutions' subsea capabilities to bring customers more effective, reliable and flexible oil and gas production solutions. The goal is to enhance how production equipment on the seafloor is powered and controlled by applications on shore or platforms…
Aker Solutions, ABB Form Subsea Alliance
Aker Solutions and ABB agreed to build on their combined strengths in subsea, power and automation technologies to develop solutions that will improve oil and gas production for the global energy industry. The cooperation will integrate Aker Solutions' pioneering subsea capabilities and ABB's subsea power and automation system expertise to bring customers more effective, reliable and flexible oil and gas production solutions. It will enhance how production equipment on the seafloor is powered and controlled by applications on shore or platforms…
Husain appointed ABB’s CTO
ABB, the leading power and automation technology group, has appointed Bazmi Husain as Chief Technology Officer (CTO), effective January 1, 2016. Husain, an expert in power and automation who has been with ABB for more than 30 years, will report to CEO Ulrich Spiesshofer. Husain is currently Managing Director of ABB India Ltd. In his new role, he will be based in Bangalore, India, with an office in Switzerland. His successor will be announced in due course. As Chief Technology Officer…
ABB's Intelligent Switchgear for Yara Plant
$25 million project will support leading fertilizer company Yara to ensure highest levels of safety and reliability ABB, the global leader in power and automation technologies, announced today that it will supply MNS low voltage switchgear to upgrade a production plant of Yara, the leading global fertilizer company in Porsgrunn, Norway. The MNS low voltage switchgear would cover a distance of more than a kilometer if stood end to end. ABB has booked first orders under the frame agreement in the first quarter of 2015.
ABB substations For Swiss Railways
Zurich, Switzerland, April 20, 2015 – ABB, the leading power and automation technology group, has won orders worth around $30 million from the Swiss Federal Railways (SBB), the national Swiss rail operator, and from the private Matterhorn Gotthard Railway to help boost power and increase capacity on one of the world’s most comprehensive and reliable rail networks. The order was booked in the first quarter of 2015. Three new traction substations being supplied by ABB will enable SBB and…
Gomtec to Drive ABB's Robotics Portfolio
ABB announced today acquired Gomtec GmbH to expand its offering in the field of collaborative robots. The parties agreed not to disclose financial terms of the transaction. Gomtec, based near Munich, Germany, is a privately held company that develops mechatronic systems combining mechanical, electrical, telecommunications, control and computer engineering for customers in diverse industries. It has 25 employees. Gomtec’s technology platform will strengthen ABB’s development of a new generation of “safe-by-design” collaborative robots that can be operated outside of cages or protective fencing…
ABB Tops list of Patent Applications
Zurich, Switzerland, February 26, 2015 – ABB, the leading power and automation technology group, registered more patent applications with the European Patent Office (EPO) than any other Swiss-based company in 2014. Switzerland remains top of the world rankings for the number of patents filed per million inhabitants. ABB filed 450 patent applications with the EPO last year, followed by Nestlé, Alstom, Roche and Novartis, reflecting its strong track record in technological innovation. ABB employs more than 8,500 researcher and developers around the world and every year invests around $1.5 billion in R&D.
ABB to Upgrade Sri Lanka's power infrastructure
ABB, the leading power and automation technology group, has won an order worth about $40 million from Ceylon Electricity Board (CEB) to supply two new 220-kilovolt (kV) substations and upgrade an existing substation in Sri Lanka.The order was booked in the fourth quarter of 2014. The new substations will be constructed at Polpitiya in the Central Province and Padukka near the capital, Colombo, in the Western Province, while the existing substation at Pannipitiya, a suburb of Colombo, will be augmented.The project is scheduled for completion in 2017.
ABB Commissions World Highest Capacity Circuit Breaker
ABB has designed, manufactured, installed and commissioned a 1,200-kilovolt (kV) circuit breaker the highest AC voltage level in the world. Once the 1200 kV ultrahigh-voltage switchgear is fully operational, it will have a switching capacity of 10,400 megawatts - a switch capable of turning ‘ON’ or ‘OFF’ the electricity generated by 10 large power plants or the combined average annual electrical load of Switzerland and Denmark, within milliseconds. The circuit breaker is deployed at the 1…
ABB WinsTunisia's Gas Treatment Plant Bid
ABB, the leading power and automation technology group, has been awarded a $216 million contract to deliver a gas treatment plant to the South Tunisian Gas Project (STGP).The order was awarded by OMV Tunisie Production GmbH, a subsidiary of Austrian energy group OMV, and was booked in the third quarter. ABB will be responsible for the turnkey delivery of the Nawara gas treatment plant (GTP) including gas separation and Liquefied Petroleum Gas (LPG) extraction units. It will also provide key automation…
ABB Celebrates 125th Anniversary in Finland
ABB is celebrating today its 125th anniversary in Finland. Founded in 1889 in Helsinki by entrepreneur and inventor Gottfrid Strömberg, ABB Finland is today an innovative automation and power technology company with more than 5,000 employees in 30 locations, with sales of 2.3 billion euros in 2013. “ABB Finland has been driving innovation in power and automation technologies for 125 years. Today, ABB Finland is one of our most dynamic and successful country organisations and we continue to invest substantially in innovation and production facilities” said ABB Chief Executive Officer Ulrich Spiesshofer.
EMGS - Settlement of the Convertible Bond Loan to North Energy
Divestment fully in line with ABB’s commitment to continuous portfolio optimization. ABB has divested five businesses with limited synergies in the past 11 months raising about $1 billion. Zurich, Switzerland, August 20, 2014– ABB, the leading power and automation technology group, announced it has signed an agreement to divest the ABB Full Service business for an undisclosed amount. The sale is expected to close in the fourth quarter of 2014, subject to regulatory approval. The ABB Full Service business provides fully outsourced industrial maintenance services.
ABB to Supply Cable for Offshore Wind Farm Extension in the UK
ABB, the leading power and automation technology group, has won an order worth around $30 million from DONG Energy, a leading wind power development company, to supply a high-voltage export cable system that will transmit power from the Burbo Bank Extension Offshore Wind Farm in the UK. ABB’s project scope includes the design, engineering, supply and commissioning of the 25 kilometer (km) long 220 kilovolt (kV) AC (alternating current) submarine cable and the related offshore substation cable.
ABB Wins $35 mln HVDC Upgrade Order in Canada
ABB, the leading power and automation technology group, has won an order worth about $35 million from Hydro-Québec to upgrade the 350 megawatt (MW) Madawaska high-voltage direct current (HVDC) transmission link, that connects the grids of New Brunswick and Hydro Québec in southeast Canada. The order was booked in the second quarter of 2014. The project scope includes installation of ABB’s MACH control and protection system and the upgrade of the valves and valve cooling system. The back…
