Honeywell secures new contract in Algeria
Honeywell on Tuesday announced it has won a $10 million contract to deliver maintenance services to four of Sonatrach’s sites in Algeria over a five year period. This service contract follows a $60 million contract with Sonatrach Group’s subsidiary, Naftec Spa late last year.
Based on its continuous growth in the region, Honeywell is expanding its presence in North Africa with the opening of a new office in Algiers, part of its strategy to drive growth and provide strong process automation solutions to the oil and gas industry.
Additionally, the company has appointed Abdelilah Amalou as country business leader and sales manager for its Algerian operations.
“With many of our customers expanding in the region, the establishment of a formal presence in Algeria is a logical progression in our growth strategy,” said Paul Orzeske, vice president and general manager of Honeywell Process Solutions EMEA. “The Algerian oil and gas market has great potential, and Honeywell’s global capabilities and technological expertise, combined with the unique local knowledge of our Algerian staff, will be fundamental to the success of our operation.”
The new office reinforces Honeywell’s long term commitment to help customers drive oil production within one of world’s most important oil and gas producing regions. Currently, Algeria produces 1.8 million barrels of oil per day and 2.8 trillion cubic feet of gas per year, but it has vast untapped oil and gas reserves and has the potential to increase its oil production capacity to 2 million barrels per day and its gas production to 4.0 trillion cubic feet per year by 2010.
A key business objective of Honeywell’s is to enhance its service capabilities by rolling out a localization strategy in key countries, utilizing local expertise to deliver consistent, reliable services and support to its customers. Honeywell is an industry leader in employing, training and developing local staff to deliver its solutions in individual markets across the globe.
As part of this strategy Honeywell has appointed Abdelilah Amalou, an Algerian national, to drive day-to-day operations and grow new and existing business within the region. A key responsibility over the next few months will be to oversee a major recruitment drive to create a complete team of service and project implementation engineers to work closely with clients. Amalou has worked at Honeywell for 14 years, most recently as the Industrial Measurement and Control Regional Sales Manager for the Middle East, and has also held managerial positions in engineering and marketing.
“This new office emphasizes Honeywell’s commitment to strengthening its presence in the region and in helping Algeria maximize its oil producing capabilities,” said Amalou. “We can deliver consistent, reliable and first class service to the Algerian oil and gas industry over the long term – this new expansion will give us the platform to reinforce our relationship with clients and grow our business in Algeria for years to come.”
Honeywell International is a $26 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, Chicago and Pacific 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.
© 2005 Al Bawaba (www.albawaba.com)
- honeywell secures plant automation applications & pipeline automation system (paa & pas) project contract from dolphin energy
- Abu Dhabi: Honeywell inaugurates Integration Center at Center for Excellence for Applied Research and Training (CERT)
- US firm ECSI contracted to secure Saudi Haradh gas plant
- Austal secures patrol boat contract for Kuwait Coast Guard