Honeywell Signs Main Automation Contractor Agreement With BP Exploration & Production

Honeywell Signs Main Automation Contractor Agreement With BP Exploration &
Production
BP Exploration & Production Will Utilize Honeywell Services and Technology to
Streamline Operations at Major Facilities and Transform Business Performance
Through the Application of Automation Technology

PHOENIX, Jan. 8 /PRNewswire-FirstCall/ -- Honeywell (NYSE: HON) today
announced a six-year agreement with BP Exploration to provide Main Automation
Contractor (MAC) services at the oil and gas leader's new and existing
facilities. Honeywell will help BP Exploration & Production (E&P) accelerate
production schedules and improve efficiency in these facilities by integrating
all levels of plant operations and automating critical processes.
"Automation will be a key to streamlining operations and improving
business performance as we move into the future," said Tim Bass, Director of
Procurement & Supply Chain Management, Projects & Engineering. "Honeywell has
the tools and experience to enable BP to implement its Automation strategy,
improving integration and the operating efficiency of our assets."
As the MAC services provider, Honeywell can apply its integrated strategy
to each design phase, including front-end engineering development, early
operator training and process simulation, advanced control modeling, process
validation and advanced process control. This integrated approach will result
in common interfaces across production and business systems for increased
safety and efficiency, higher plant availability, lower operating expenditures
and reduced engineering.
With Honeywell's deep technology portfolio and integrated MAC approach,
customers can intertwine process control, manufacturing execution systems
(MES) and safety and security solutions. They can also further streamline
implementation through the use of wireless-enabled applications such as
Honeywell's OneWireless(TM) industrial mesh network.
"Automation means more than monitoring process variables and engaging
valves," said Jack Bolick, president of Honeywell Process Solutions. "When
part of a larger, integrated approach, automation technology becomes a
strategic investment that directly impacts a plant's profit margin. Creating a
smart plant leads to better business performance across the company."
For more information about MAC and other Honeywell solutions that improve
business performance, visit http://www.honeywell.com/ps.
Honeywell International is a $34 billion diversified technology and
manufacturing leader, serving customers worldwide with aerospace products and
services; control technologies for buildings, homes and industry; automotive
products; turbochargers; and specialty materials. Based in Morris Township,
N.J., Honeywell's shares are traded on the New York, London and Chicago Stock
Exchanges. It is one of the 30 stocks that make up the Dow Jones Industrial
Average and is also a component of the Standard & Poor's 500 Index. For
additional information, please visit http://www.honeywell.com. Honeywell
Process Solutions is part of Honeywell's Automation and Control Solutions
group, a global leader in providing product and service solutions that improve
efficiency and profitability, support regulatory compliance, and maintain
safe, comfortable environments in homes, buildings and industry. For more
information about Honeywell Process Solutions, access
http://www.honeywell.com/ps.
This release contains "forward-looking statements" within the meaning of
Section 21E of the Securities Exchange Act of 1934. All statements, other than
statements of fact, that address activities, events or developments that
we or our management intend, expect, project, believe or anticipate will or
may occur in the future are forward-looking statements. Forward-looking
statements are based on management's assumptions and assessments in light of
past experience and trends, current conditions, expected future developments
and other relevant factors. They are not guarantees of future performance, and
actual results, developments and business decisions may differ from those
envisaged by our forward-looking statements. Our forward-looking statements
are also subject to risks and uncertainties, which can affect our performance
in both the near- and long-term. We identify the principal risks and
uncertainties that affect our performance in our Form 10-K and other filings
with the Securities and Exchange Commission.
OneWireless(TM) is a trademark of Honeywell International Inc.
SOURCE Honeywell

Jake Saylor of Honeywell, +1-602-313-4054 jake.saylor@honeywell.com; or Andres
Ybarra of Weber Shandwick, +1-952-346-6314, aybarra@webershandwick.com, for
Honeywell