Swiss multinational ABB has signed a global main electrical contractors (MEC) agreement with BP to provide engineering, procurement and construction of electrical equipment for the company’s upstream major capital projects.

Under the terms of the agreement ABB aims to deliver ‘innovation, substantial savings, improved scheduling and lower risk’ through its support of BP’s global projects.

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As part of the agreement, BP will award projects to ABB on which the latter will provide the design and engineering, procurement and supply, project management, installation and commissioning services.

The frame agreement is effective for an initial period of five years.

“Adding value to our customers is at the heart of everything we do. Our goal is to enable our customers to lead.”

ABB Industrial Automation president Peter Terwiesch said: “Adding value to our customers is at the heart of everything we do. Our goal is to enable our customers to lead – through safer, more productive and energy efficient operations – by utilising our deep domain expertise, industry leading technologies, and engineering services.

“This important global frame agreement with BP will further exemplify our resolve to help major oil and gas projects make savings, reduce risk and enhance efficiencies into the future.”

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ABB operates in more than 100 countries with a workforce of 147,000.