Emerson to Provide Critical Technologies for New Oil Terminal in Southern Iraq

Metering Systems Will Help Ensure Accurate Accounting As Oil Is Loaded Onto Tanker Ships For Export

AUSTIN, Texas (January 5, 2011) – Iraq’s South Oil Company has awarded Emerson Process Management, an Emerson (NYSE: EMR) business, a contract to provide crude oil metering systems and related technologies for the new Al-Basra Oil Terminal now under construction in the Persian Gulf. 

The new terminal, which includes both onshore and offshore facilities, will boost Iraq’s oil export capacity by 2.7 million barrels per day.  The added capacity will give Iraq increased access to global markets as it expands production from its southern oil fields.

Emerson’s Daniel® metering systems will measure the amount of oil as custody is transferred from producers to shippers through the Al-Basra terminal.  The systems combine innovative ultrasonic measurement technology with diagnostic software that can detect potential problems before they affect accuracy.

“We were impressed by Emerson’s ability to provide the accurate, reliable measurement that users of the Al-Basra Oil Terminal will expect,” said Oday Nadir Abdul Kareem Al-Quoraishi, South Oil Company’s project manager.  “The Emerson team’s industry experience, their measurement expertise, and their proven capability to meet the needs of customers in the Middle East made Emerson the logical choice for this complex project.”

The Daniel metering systems will be part of an integrated solution that also includes Emerson’s Rosemount®, Micro Motion®, Roxar, and Daniel measurement instruments; EIM valve actuators; Daniel meter-verification technology; and DanPac™ measurement and control systems with Daniel flow computers and DeltaV™ controllers and software.  Engineering work is already in progress, with project completion expected in 2013.

“These metering systems will, in effect, serve as a ‘cash register’ that provides an accurate accounting of the oil that changes hands through the Al-Basra Oil Terminal,” said Steve Sonnenberg, president, Emerson Process Management.  “We are gratified to be chosen for such an important role in the terminal’s success and welcome this opportunity to expand our participation in the growth of Iraq’s economy.”

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 in the chemical, oil and gas, refining, power, water and wastewater treatment, metals and mining, pulp and paper, food and beverage, life sciences, and other industries.  Emerson brands include PlantWeb™, Daniel®, Fisher®, Micro Motion®, Rosemount®, DeltaV™, Ovation™, and AMS Suite.

About Emerson
Emerson (NYSE: EMR), based in St. Louis, Missouri, USA, is a global leader in bringing technology and engineering together to provide innovative solutions for customers in industrial, commercial, and consumer markets through its network power, process management, industrial automation, climate technologies, and tools and storage businesses.  Sales in fiscal 2010 were $21 billion.  For more information, visit www.Emerson.com.

PlantWeb, Daniel, Fisher, Micro Motion, Rosemount, DeltaV, and Ovation are marks of Emerson Process Management legal entities.  All other marks are the property of their respective owners.