A global services agreement has been renewed between Yokogawa Electric and BP. The deal means Yokogawa Electric will supply main automation contractor services (MAC services) to BP's upstream entities. The provision of MAC Services is an arrangement whereby a plant owner seeks to improve efficiency, reduce costs, and speed up project delivery by assigning responsibility for supplying a control system solution to a single automation vendor.
Yokogawa first signed a global MAC services agreement with BP in 2007. By providing reliable products and demonstrating its engineering and project execution capabilities on prior BP projects, Yokogawa is integral to BP's drive for capital efficiency. The renewed agreement is for a period of ten years.
The Yokogawa products and services covered by this global agreement include the CENTUM VP integrated production control system, ProSafe-RS safety instrumented system, STARDOM network-based control system, Plant Resource Manager (PRM) plant asset management package, FAST/TOOLS SCADA software, Exaseries productivity solution software, field wireless and other types of field instruments, analysers, project management and system integration engineering services, and operation and maintenance services.
Shuji Mori, a Yokogawa vice president and president of Yokogawa Electric International, a subsidiary that oversees Yokogawa's IA and control business outside Japan, had the following to say about this agreement: "BP has been a Yokogawa customer for many years, and this agreement takes our relationship to a new level and underscores BP's commitment to safe and reliable operations. This long-term partnership with BP will increase our presence in the oil and gas industry, which is one of the main sectors we are targeting under the Transformation 2017 mid-term business plan."