“Since opening our Larbert facility in Scotland in 1974, we have supplied a significant number of systems for major North Sea projects such as Troll, Heidrun and Draupner,” said Mark Dutton, vice president & general manager for Emerson Process Management’s Daniel Measurement and Control in Europe. “This framework agreement recognizes the excellent relationship we have with Statoil, and offers Emerson an exciting opportunity to provide Statoil with fiscal measurement systems and solutions for many years to come.”

In one of the first projects covered by the framework agreement, Emerson will provide a range of integrated fiscal metering systems for Statoil’s new Valemon gas and condensate platform. Located in the North Sea at the Norwegian Continental Shelf, the Valemon development will include ultrasonic metering systems with fully automated controls for the condensate, gas, and HP and LP flare gas. The unmanned platform, which is controlled from the neighboring Kvitebjørn platform, will begin production in 2014.

To enhance its support for North Sea customers, Emerson is currently renovating its Daniel Stirling facility in Scotland. Enhancements include a new state-of-the-art training facility, a design development and control panel facility, a service area and an UKAS calibration laboratory for its fiscal metering products. Emerson also will be investing in local resources, which includes hiring local service engineers to improve the range of its Daniel fiscal measurement services available to the Norwegian market.

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, pulp and paper, power, water and wastewater treatment, mining and metals, food and beverage, life sciences and other industries. The company combines superior products and technology with industry-specific engineering, consulting, project management and maintenance services. Its brands include PlantWebTM, SyncadeTM, DeltaVTM, Fisher®, Micro Motion®, Rosemount®, DanielTM, OvationTM, 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 around the world. The company is comprised of five business segments: Process Management, Industrial Automation, Network Power, Climate Technologies, and Commercial & Residential Solutions. Sales in fiscal 2011 were $24.2 billion. For more information, visit www.Emerson.com.

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