ABB, a power and automation technology group, has won a $100 million contract to modify an oil platform off the coast of the Russian Far East. The Sakhalin Energy Investment Co. Ltd. – a joint venture between Shell, Mitsui, and Mitsubishi awarded the contract for the Molikpaq platform.

Under the terms of the agreement, ABB Lummus Global will design and construct two modules for the Molikpaq platform, enabling the export of crude oil and natural gas via a newly installed pipeline system.

The Molikpaq platform is subject to extreme climate conditions, with a very short summer season in which marine operations and installation work can be carried out. ABB's ability to manage the project within such environmental constraints was an important factor in the award, ABB said.

Work has already started and will be completed in 2006, when the modules – with an overall combined weight of 3,000 tons – will be installed on the Molikpaq platform.

10/19/04