BP, Honeywell pen MAC agreement
Honeywell announced a six-year agreement with BP Exploration to provide main automation contractor services at its new and existing facilities. Honeywell will help BP Exploration & Production accelerate production schedules and improve efficiency in these facilities by integrating all levels of plant operations and automating critical processes.
Honeywell announced a six-year agreement with BP Exploration to provide main automation contractor (MAC) services at its new and existing facilities. Honeywell will help BP Exploration & Production (E&P) accelerate production schedules and improve efficiency in these facilities by integrating all levels of plant operations and automating critical processes.
“Automation will be a key to streamlining operations and improving business performance as we move into the future,” said Tim Bass, director of procurement & supply chain management, projects & engineering. “Honeywell has the tools and experience to enable BP to implement its automation strategy, improving integration and the operating efficiency of our assets.”
Honeywell is said to provide front-end engineering development, early operator training and process simulation, advanced control modeling, process validation and advanced process control. This integrated approach is intended to provide common interfaces across production and business systems for increased safety and efficiency, higher plant availability, lower operating expenditures and reduced engineering.
“Automation means more than monitoring process variables and engaging valves,” said Jack Bolick, president of Honeywell Process Solutions. “When part of a larger, integrated approach, automation technology becomes a strategic investment that directly impacts a plant’s profit margin. Creating a smart plant leads to better business performance across the company.”
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey