June 10, 2014
Honeywell (NYSE: HON) Process Solutions announced that it was selected by Suncor Energy to provide automation systems for a new multi-billion dollar Fort Hills Oil Sands project in Alberta, Canada. Honeywell will supply technology to integrate the site's control and safety systems, manage alarms, and provide advanced simulation software that enables critical operations planning and operator training.
As the Main Automation Contractor (MAC), Honeywell will play a key role in helping the facility achieve its future productivity and operational efficiency goals. The facility is expected to be operational in late 2017.
'Choosing an automation provider is a critical decision, one that you will live with for years to come,' said Frank Whitsura, vice president, Honeywell Process Solutions. 'Honeywell has a proven track record of reducing risk on projects of this magnitude, delivering on-time and on-budget, and contributing to the ongoing safety, reliability and efficiency of the operation and lowering overall lifecycle costs.'
The Canadian Association of Petroleum Producers forecasts production from the Canadian oil sands to exceed five million barrels a day by 2030, up from 1.8 million barrels a day in 2012.
'As energy demand continues to grow, the Canadian oil sands have become an important resource,' said Whitsura. 'Honeywell has the expertise to fully integrate this project's assets, from monitors and sensors in the field, to system controls, to planning and logistics. Suncor will also be able to use our innovative technology to run a wide range of simulations that will help maximize the efficiency of the operations.'
Honeywell Process Solutions (www.honeywellprocess.com) is a pioneer in automation control, instrumentation and services for the oil and gas; refining; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals and mining industries. Process Solutions is part of Honeywell's Performance Materials and Technologies strategic business group, which also includes UOP, a leading international supplier and licensor of process technology, catalysts, adsorbents, equipment, and consulting services to the petroleum refining, petrochemical, and gas processing industries.
Honeywell (www.honeywell.com) is a Fortune 100 diversified technology and manufacturing leader, serving customers worldwide with aerospace products and services; control technologies for buildings, homes and industry; turbochargers; and performance materials. Based in Morris Township, N.J., Honeywell's shares are traded on the New York, London, and Chicago Stock Exchanges. For more news and information on Honeywell, please visit www.honeywellnow.com.
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