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  • 28 January 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders, Research & Development

    ABB has won orders worth over $22 million from Vattenfall Eldistribution AB to upgrade the world’s first commercial high-voltage direct current (HVDC) power transmission link, which ABB installed in 1954. The orders were booked in the fourth quarter of 2015. The 150-kilovolt (kV) link has the capacity to transmit 320 megawatts (MW) of power 100 […]

  • 17 June 2013

    The Board of ABB has unanimously appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as Chief Executive Officer. He will succeed Joe Hogan in this role in an orderly transition on September 15, 2013. Hogan will continue with ABB for some months as Senior Advisor to the Board. Spiesshofer joined […]

  • 15 May 2013
    Project & Tenders, Vessels

    ABB, the leading power and automation technology group, signed a long-term Preventive Service™ agreement with China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all ABB equipment onboard of its six LNG vessels in the next five years. The contract commenced January 1, 2013. The new service agreement will help CLSICO with […]

  • 26 January 2012
    Business & Finance

    ABB, the leading power and automation technology group, has won an order to provide an energy management system for one of the world’s most environmentally-friendly cruise ferries, which is due to be delivered to Viking Line in 2013. The ship is being built in Finland at the STX Yard in Turku. The new cruise ferry, […]

  • 14 December 2015
    Project & Tenders, Vessels

    ABB Turbocharging, the ABB Group company said on Monday it has been awarded a long-term maintenance agreement by the LNG shipper Dynagas.

  • 20 July 2012
    Business & Finance

    ABB, the leading power and automation technology group, has agreed to acquire Amarcon BV, a Dutch company that develops and markets software solutions for the shipping industry. The acquisition will expand ABB’s advisory systems offering for customers in the maritime sectors. The transaction is expected to be closed in the third quarter of 2012. Based […]

  • 17 May 2012
    Business & Finance, Equipment, Project & Tenders

    ABB, the leading power and automation technology group, recently won an order worth $18 million from Daewoo to supply energy efficient propulsion and electrical power systems for two new deep sea pipeline installation vessels that will build oil transport infrastructure off the coast of Brazil. The order was booked in the first quarter. South Korean […]

  • 12 December 2011
    Business & Finance, Operations & Maintenance

    ABB, the leading power and automation technology group, announced that it has completed its acquisition of Powercorp. Powercorp’s portfolio includes automation and control technologies to manage the integration of renewable energy into isolated grids and keep generation in balance with consumption. The company also supplies systems that dynamically store and release energy in response to […]

  • 26 January 2012

    ABB, the leading power and automation technology group, has won an order to provide an energy management system for one of the world’s most environmentally-friendly cruise ferries, which is due to be delivered to Viking Line in 2013. The ship is being built in Finland at the STX Yard in Turku. The new cruise ferry, […]

  • 5 April 2012
    Business & Finance

    ABB, the leading power and automation technology group, has appointed Prith Banerjee to its Executive Committee in the role of Chief Technology Officer. Banerjee, 51, will start midyear 2012 and will be based in Zurich. He joins ABB from Hewlett Packard, where he was Senior Vice President of Research and Director of HP Labs. Prior […]

  • 8 December 2011
    Business & Finance, Operations & Maintenance

    ABB, the leading power and automation technology group, will invest over $ 400 million to double the capacity of its high-voltage cables manufacturing facility in Karlskrona, Sweden, to meet growing demand for subsea cables. The investment plan includes construction of new buildings and installation of additional manufacturing lines at the existing plant. The expansion will […]

  • 3 June 2016
    Business & Finance, Equipment

    ABB in Norway is forced to make further capacity adjustments due to lower activity levels in the market. The staff within the unit oil, gas and chemistry was informed on Thursday that the company plans to reduce its workforce by up to 120 employees. The capacity adjustment is in addition to the one that was announced […]

  • 20 June 2013

    ABB, the leading power and automation technology group, has been awarded the engineering, procurement and construction (EPC) contract for a new liquefied petroleum gas (LPG) pumping station in the Hassi Messaoud District to increase the capacity of LR1 pipeline in Algeria. The contract was awarded by Sonatrach, Algeria’s oil and gas company, and is valued […]

  • 22 August 2014
    Business & Finance, Equipment, Research & Development

    ABB, the leading power and automation technology group, has successfully developed and tested a 525 kilovolt (kV) extruded high-voltage direct current (HVDC) cable system to make renewable energy installations more efficient and cost-effective. The new cable offers a 64 percent increase over 320 kV, currently the highest voltage deployed for this type of technology. The […]

  • 8 March 2013
    Project & Tenders

    ABB, the leading power and automation technology group, announced that it has been chosen to supply process analyzers, system integration and related services for Cheniere Energy’s Sabine Pass LNG export facility. Located four miles from the Gulf Coast in southwest Louisiana, the new export facility is currently being built by EPC contractor Bechtel as an […]

  • 12 May 2013
    Business & Finance

    1. MMT, Reach Subsea Establish JV Within Offshore Survey Operations MMT Group AB (Gothenburg, Sweden) and Reach Subsea AS, an integrated Subsea Service Provider (Haugesund Norway), have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. 2. Technip Bags Subsea Contract from Statoil for Gullfaks Field […]

  • 22 February 2012
    Business & Finance

    ABB, the leading power and automation technology group, has won an order from ship owner Myklebusthaug Management to supply the first ever direct current (DC) power grid on board a ship. The equipment will allow a new offshore platform support vessel, under construction in Norway, to operate at the highest energy efficiency level to minimize […]

  • 15 February 2012
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    ABB, the leading power and automation technology group, has won an order worth around $30 million from Energinet.dk, the Danish transmission system operator, to supply a high-voltage submarine and underground power cable system for the Little Belt strait in Denmark. This is a shipping lane that connects the North Sea to the Baltic Sea, and […]

  • 10 January 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    ABB, the leading power and automation technology group, has won an order worth around $25 million from Statoil to supply AC subsea power cables to the world’s largest offshore gas platform, Troll A, about 70 kilometers off the west coast of Norway. The order was booked in the fourth quarter of 2011. ABB’s scope of […]

  • 5 July 2019
    Business & Finance, Equipment

    ABB and Norwegian oil and gas producer OKEA have signed a Memorandum of Understanding to support OKEA achieve substantial productivity gains using agile and dynamic business models.

  • 11 May 2012
    Business & Finance, Equipment, Project & Tenders, Research & Development

    Dudgeon Offshore Wind Limited (DOW), a subsidiary of Warwick Energy Limited, has selected ABB Limited (ABB) as the preferred supplier for the delivery of the electrical works for the Dudgeon Offshore Wind Farm (Dudgeon) project following a competitive tendering exercise. The formal contract for these services in not expected to be signed until 2013, dependent […]

  • 21 March 2013
    Project & Tenders

    ABB, power and automation technology group, said it has been appointed the main electrical contractor (MEC) for a new semi-submersible central processing facility (CPF) at the Ichthys oil and gas field in the Timor Sea off Western Australia. The order is valued at $15 million. ABB was awarded the MEC contract by the engineering, procurement […]