Emerson Earns $17 Million Custody Transfer Project for Kuwait National Petroleum Oil/Gas Terminal.Business Editors; Energy & High-Tech Writers HOUSTON--(BUSINESS WIRE)--Nov. 12, 2001 Daniel Division Contracted To Design, Integrate and Test New Custody Transfer In fluid measurement, a custody transfer point is a metering point at a location where the fluid is being measured for sale from one party to another -- hence the term 'custody transfer.'. System Emerson Process Management, a business of Emerson (NYSE NYSE See: New York Stock Exchange :EMR (ElectroMagnetic Radiation) The emanation of energy from everything in the universe. Although the EMR from electrical and electronic devices is typically measured for practical, every-day situations, every object, including humans, emanates energy. ), announced today a major contract with Hyundai Engineering & Construction Co. Ltd., Seoul, to supply an oil/gas terminal for Kuwait National Petroleum (KNPC KNPC Kuwait National Petroleum Company ). Emerson's Daniel division has been contracted to provide the terminal's complete custody transfer measurement and operations system to be used at KNPC's "New Oil Pier." Several Emerson divisions including Daniel, Micro Motion, Intellution, Rosemount, ASCO ASCO American Society of Clinical Oncology ASCO Association of Schools and Colleges of Optometry (since 1941; Rockville, Maryland) ASCO Australian Standard Classification of Occupations ASCO Automatic Switch Company and Appleton are supplying equipment. Hyundai is the general contractor A general contractor is an organization or individual that contracts with another organization or individual (the owner) for the construction of a building, road or any other execution of work or facility. for the entire project. John Berra, executive vice president of Emerson with responsibility for the process management business, commented, "This is a significant order for Emerson and a great example of how our organization is bringing the engineering and technology capabilities of its divisions together to provide innovative solutions for our customers." "We appreciate this opportunity to work with Hyundai and KNPC to develop a complete and integrated measurement system for this vital infrastructure project in Kuwait," said Gene Perkins, President of Emerson's Daniel Division. Daniel in Houston will do design, integration and Factory Acceptance Testing. Shipment is scheduled for completion by mid-2002. About Daniel Measurement and Control Daniel Measurement and Control (Houston, TX) is a global leader in providing fiscal flow and energy measurement solutions to the oil and gas industry. A division of Emerson Process Management, Daniel provides products, services and integrated custody transfer measurement systems for both liquid and gas measurement. For more information visit www.daniel.com. About Emerson Process Management Emerson Process Management (www.emersonprocess.com), an Emerson business, is a leader in helping businesses automate their production, processing and distribution components in the chemical, oil and gas, power, pulp and paper, food and beverage F&B is a common abbreviation in the United States and Commonwealth countries, including Hong Kong. F&B is typically the widely accepted abbreviation for "Food and Beverage," which is the sector/industry that specializes in the conceptualization, the making of, and delivery of foods. , pharmaceutical and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include Daniel; Micro Motion; Intellution; Rosemount; Fisher; Performance Solutions; AMS AMS - Andrew Message System ; DeltaV(tm); PlantWeb(R); and Westinghouse Process Control. About Emerson St. Louis-based Emerson (www.gotoemerson.com) is a global leader in bringing technology and engineering together to provide innovative solutions to customers in process control; electronics and telecommunications; industrial automation; heating, ventilating ventilating Natural or mechanically induced movement of fresh air into or through an enclosed space. The hazards of poor ventilation were not clearly understood until the early 20th century. Expired air may be laden with odors, heat, gases, or dust. and air conditioning; and appliance and tools. Sales in fiscal 2000 were $15.5 billion. PlantWeb and DeltaV are marks of one of the Emerson Process Management family of companies. Other marks are the property of their respective owners. |
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