Dubai PR Network, Online Press Release from Dubai and Middle East
 
(Energy and Industry)
Filter PR by
  
BP and Schneider Electric Sign Five-Year, Global Frame Agreement
 
  • Schneider Electric to serve as one of BP’s Main Electrical Contractors 
  • Intention to drive value, innovation and safety for BP’s upstream projects
  • EcoStruxture architecture to improve lifecycleTotEx spend from design to commissioning to operations
Dubai, UAE, April 16, 2019:  BP, a global energy producer, has selected Schneider Electric, a leader in the digital transformation of energy management and automation, as one of its main electrical contractors (MEC) in a five-year global framework agreement. 
 
Under the terms of the agreement, Schneider Electric will provide full-scope design and engineering services, including optimization, project management and integration, procurement and supply chain management, and full support from commissioning through to operations after start-up for the Electric Distribution System of BP’s Upstream major capital projects awarded to Schneider Electric.
 
“Our IoT-enabled EcoStruxure architecture and platform enables our customers to rethink traditional approaches when it comes to how they design, implement and operate their assets so they can reach first production sooner, safely and securely,” said Gary Freburger, president, Process Automation, Schneider Electric.
 
“By taking an asset-centric view of the facility across its lifecycle, our customers can better leverage up-front capital investments to improve profitability and ROI when the plant begins operating.” 
 
Schneider Electric has worked with BP for many years, and the MEC agreement strengthens that collaboration. Through it, BP and Schneider Electric will work together to reduce project risks, lower costs and increase efficiencies, while driving value, innovation and safety in a secure manner.
 
“By using a common simulation platform, and connecting virtual modelling to real-time operations data, we help customers close the loop between ‘as designed’ and ‘as operating,’” Freburger said. “This approach enables them to better identify, understand and mitigate operating and business risks across the life of their assets. We look forward to collaborating with BP to optimize total lifecycle expenditures—not just CapEx or OpEx—from FEED to operations and even into end of life.”
 
EcoStruxure is Schneider Electric’s open, interoperable, IoT-enabled system architecture and platform. EcoStruxure delivers enhanced value around safety, reliability, efficiency, sustainability and connectivity for customers. EcoStruxure leverages advancements in IoT, mobility, sensing, cloud, analytics, and cybersecurity to deliver Innovation at Every Level. This includes Connected Products, Edge Control, Apps, Analytics, and Services. EcoStruxure has been deployed in 480,000+ sites, with the support of 20,000+ system integrators and developers, connecting over 1.6 million assets under management through 40+ digital services.


Posted by : Dubai PR Network Editorial Team
Viewed 4807 times
PR Category : Energy and Industry
Posted on : Tuesday, April 16, 2019  3:43:00 PM UAE local time (GMT+4)
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of DubaiPRNetwork.com.
Previous Story : Schneider Electric named among 100 of the World's Most Ethic...
Next Story : Schneider Electric Extends Award-Winning Galaxy UPS Series ...
Email this article Print this article

Share this article with your friends and followers
NewsVine
Back to Section Home

Related Stories



 
 
Most Viewed Press Release posted in the last 7 days
Boss Bottled Infinite: Express Your Inner Self [17031-Views]
Mouawad Announces New Partnership With the Miss Universe Organization [10748-Views]
Ralph Lauren Introduces Ralph's Club for New York Fashion Week [9431-Views]
Introducing the new Baby Bio Organic Range from Corine de Farme [9321-Views]
Chronoswiss adds beauty in blue to Sirius Chronograph Moon Phase collection [8473-Views]
Expect more from your concealer, why settle for less! [7027-Views]
Ncef-reverse Eyes – Filorga's New Ground Breaking Eye Care! [6881-Views]
Marks & Spencer Unveils Its Autumn 2019 Kidswear Collection'' [6496-Views]
Admiral Legend 42 Icon ahead [6417-Views]
Roberto Cavalli's exclusive new duo of fragrances [6411-Views]
UAE Welcomes Energy Industry's Thought Leaders at World's Most Influential Energy Event [6124-Views]
La Roche-posay Presents an Incomparable Skincare Experience With ‘My Skin Track UV;' the W... [6057-Views]
Tag Heuer Launches First Ever Emerald Green Dial Aquaracer (for Men & Women) in the UAE [5990-Views]
ENEC to showcase economic, social and environmental benefits of nuclear energy at World En... [5893-Views]
World's First Cartridge-Free Laser Printer Now Available in the UAE [5539-Views]
Ferrari 812 GTS: the V12 spider returns [5362-Views]
Corum Golden Bridge Round 39 for elegant lady [5087-Views]
A Journey of Belief: Caroline Leon goes the extra mile with DHL as she attempts to climb h... [5075-Views]
The Ferrari F8 Spider: the evolution of the species [5002-Views]
Sony Middle East and Africa launches the new king of full frame mirrorless cameras – Alpha... [4874-Views]
Tabreed demonstrates commitment to enhancing energy efficiency with ISO 50001 certificatio... [4801-Views]
Samsung Galaxy Fold Now Available [4734-Views]
Tissot Carson Automatic Urban vitality [4660-Views]
Trade Up Your Old Device For the Next Level Power Galaxy Note10 [4416-Views]
Lenovo Launches New Devices: Offering Smarter Technology for All [4349-Views]
 
RSS Facebook Twitter LinkedDin
 
Top Sections
 
Top Stories