Nordic Business Report-September 4, 2006-ABB wins USD210m order in Algeria
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The Swiss-Swedish power and automation technology group ABB said on Monday (4 September) that it has secured a compressor station upgrade order from Algerian gas and oil company Sonatrach.
The order, valued at over USD210m, involves the modernisation and upgrading of the compressor stations for the Hassi R'Mel natural gas field.
ABB will carry out the contract in cooperation with a joint venture company led by its Italian unit.
One US dollar (USD) is worth approximately 0.52 British pounds (GBP).
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