Offshore contract for Honeywell

Honeywell’s Industrial Control (IC) business has won a $2.5 million safety and automation project with Esso, for control and monitoring of its Ringhorne offshore field operations in the North Sea. The contract was let by Heerema Tonsberg AS in Norway. The agreement will significantly impact areas in engineering, procurement, commissioning and installation, data collection and storage of the offshore oil facility

Esso of Norway is owned by ExxonMobil and is headquarted in Stavanger, Norway. The Ringhorne platform is fully owned and operated by ExxonMobil located on the Norwegian Shelf, 160 km off the Norwegian coast, 9 km from Balder. The platform is made up of nine reservoirs and includes drilling, mud modules and living quarters in addition to pre-processing and water injection facilities.

Honeywell won the bid for the Esso project based on its advanced solutions, competitive pricing, and its successful experience working on a previous project with the oil company. The solution includes a control system, fail safe controllers, emergency shut down, process shut down and fire and gas systems.

Honeywell has scheduled a special shareowner meeting for January 10, 2001 to approve its proposed merger with General Electric. The meeting will be held at the company’s headquarters in Morris Township, New Jersey, starting at 10 am EST. The record date for determining shareowners entitled to vote on the merger is December 1, 2000. Proxy materials will be mailed to shareowners around December 8.