Elsag Bailey Awarded Contract for British Natural Gas Project.TELFORD, England--(BUSINESS WIRE)--June 9, 1998--Bailey Automation plc, a unit of Elsag Bailey Process Automation N.V. (NYSE NYSE See: New York Stock Exchange :EBY EBY Ente Binacional Yaciretá (Argentina-Paraguay) ) announced today it has been awarded a contract by British Gas British Gas is the name of several companies
Elsag Bailey's Symphony(TM) enterprise management and control systems, Harmony(TM) series input/output devices and Conductor NT(TM) human system interface are among the components specified for the multi-million dollar project. Elsag Bailey will provide the systems as part of a risk and reward alliance with British Gas - Hydrocarbon Resources Ltd., designed to replace outdated out·dat·ed adj. Out-of-date; old-fashioned. outdated Adjective old-fashioned or obsolete Adj. 1. technologies and improve the automation efficiency of the seven offshore platforms in the Morecambe Gas Field and the South Morecambe terminal at Barrow barrow, in archaeology barrow, in archaeology, a burial mound. Earth and stone or timber are the usual construction materials; in parts of SE Asia stone and brick have entirely replaced earth. A barrow built primarily of stone is often called a cairn. in Furness. The Morecambe Gas Fields supply up to 20% of the United Kingdom's natural gas requirements. Separate Elsag Bailey Symphony(TM) systems will be supplied for the seven platforms and on-shore terminal, linked by a combination of fiber optic and line-of-sight communications. System installation and commissioning will take place during 1999 and 2000, replacing outdated centralized cen·tral·ize v. cen·tral·ized, cen·tral·iz·ing, cen·tral·iz·es v.tr. 1. To draw into or toward a center; consolidate. 2. computer systems. The Elsag Bailey systems are expected to support the natural gas facilities through their remaining service life. Mr. John Shears shears cutting instruments for the removal of wool—sheep shears, or for trimming the hooves of sheep and goats—hoof shears. hoof shears a rugged pair of shears like secateurs but with sharp-pointed blades. , Director and General Manager for British Gas - Hydrocarbon Resources Ltd., commented on the automation project, stating, "We are very pleased to have Bailey Automation as a partner in this important automation improvement program. Sound technologies, combined with the experience of other key automation projects, were significant factors in their selection." One of the world's leading process automation companies, Elsag Bailey Process Automation N.V., incorporated in the Netherlands, has grown its revenues to more than $1.5 billion by aggressively expanding its global markets and technologies. The company employs some 11,000 employees in over 30 countries. Elsag Bailey's computer and electrical products -- control systems, instrumentation products, and analytical devices -- keep its customers on the cutting edge of productivity. Elsag Bailey's global customers are among the leading names in the process industries including electric utilities, oil and gas, chemicals and pharmaceuticals, pulp and paper, water and wastewater, metals and ceramics, and other industrial companies. For copies of additional press releases or quarterly reports, call Elsag Bailey's Fax-on-Demand service at 1-888-329-2311, or visit the Company's web site at www.ebpa.com. Requests for information can also be made via e-mail at investorinfo@bailey.com.
CONTACT: Elsag Bailey Process Automation
Christopher M. Farage, 440/585-8675
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