Honeywell’s Relationship with Leading Australian Oil & Gas Exploration Company Supports their World Class Competitive Advantage
PERTH, Australia. Mar. 27, 2010 – Honeywell (NYSE: HON) Process Solutions announced today the renewal of its existing contract as preferred control systems supplier for Woodside Energy Ltd., one of Australia’s leading oil and gas exploration companies. The new five-year preferred supplier arrangement extends a contract established seven years ago for the implementation and support of control systems and associated applications on Woodside’s existing assets and new projects.
The preferred supplier agreement has enabled Honeywell to deliver technology solutions to Woodside that support flawless startup of Woodside’s assets and the ongoing services to ensure optimization of operational effectiveness and process efficiency.
The contract renewal provides Honeywell the opportunity to continue to drive improvements to Woodside’s key performance indicators, which encompass safety, production, and reliability along with lowest total cost of ownership.
“Honeywell has worked closely with Woodside on successive projects to drive oil, gas and liquefied natural gas solutions that reduce workload, streamline processes, and provide a safer operating environment,” said Tony Cosgrove, regional general manager for Honeywell Process Solutions Australia. “As a preferred supplier of technology solutions, we are committed to helping Woodside Energy measurably and sustainably improve their safety and their bottom line performance.”
Honeywell International (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; automotive products; turbochargers; and specialty materials. Based in Morris Township, N.J., Honeywell’s shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com. Honeywell Process Solutions is part of Honeywell’s Automation and Control Solutions group, a global leader in providing product and service solutions that improve efficiency and profitability, support regulatory compliance, and maintain safe, comfortable environments in homes, buildings and industry. For more information about Process Solutions, access www.honeywell.com/ps.
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