ABB ABB Ltd

   By Nathan Allen 
 

ABB Ltd. (ABBN.EB) said late Monday that it has received a $79 million order from China Petroleum Engineering Corp. (600339.SH) for the supply of electrical components as part of the upgrade to Abu Dhabi's Bab onshore oil field.

CPECC is the lead contractor on the upgrade project, which aims to boost capacity at the field to 450,000 barrels of oil a day from 420,000 barrels a day currently.

ABB said it would deliver electrical gear as well as centralized and localized automation systems.

Write to Nathan Allen at nathan.allen@dowjones.com

(END) Dow Jones Newswires

November 13, 2018 02:46 ET (07:46 GMT)

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