Thursday, September 29, 2011

Babcock Borsig Service & Pall Corp. Awarded € 19.6 Million Contract for Project at Middle East Gas Complex


Joint Effort to Improve the Hydrocarbon Condensate Dewatering Process for GASCO

PORT WASHINGTON, N.Y. - Thursday, September 29th 2011 [ME NewsWire]

(BUSINESS WIRE)-- A consortium between Babcock Borsig Service (BBS), the project leader, and Pall Corporation (NYSE:PLL), a leading global provider of filtration, separation and purification solutions, has been awarded an € 19.6 Million ($26.508 million) contract for a hydrocarbon condensate dewatering initiative in the Middle East. The BBS/Pall consortium will carry out detailed engineering, procurement, construction and commissioning activities (EPC) at an Abu Dhabi Gas Industries Ltd. (GASCO) gas complex in the U.A.E.

The scope of the project is to remove water and contaminants from hydrocarbon condensate thereby reducing the possibility of downstream corrosion at the GASCO complex near Abu Dhabi City. Shipments and construction will begin in March 2012. The entire project including commissioning is scheduled to be completed by December 2012.

“Our broad range of engineered, total fluid management solutions will be put to work for GASCO in this large-scale hydrocarbon condensate project,” said Hussein Barazi, Director Pall Middle East. “Last year we opened our first office in the Middle East region to provide strategic support and enhanced service for local customers and multinational companies. This latest agreement further solidifies our presence in the fast-growing Middle East market.”

“BBS & Pall’s joint efforts will considerably improve the reliability of GASCO’s process facilities to ensure that production targets will be met,“ said Clemens Wolters, COO of Deutsche Babcock Middle East. “GASCO requires a high-quality, efficient solution for the removal of contaminants from its processes and we are confident the combination of Pall’s products and BBS Management Services will improve the condensate dewatering process. This initiative will allow GASCO plants to continue to run at optimum efficiency levels and simultaneously improve the quality of products to TAKREER.”

About Babcock Borsig Service, U.A.E.

Babcock Borsig Service, U.A.E. is part of Deutsche Babcock Middle East with a presence in the Gulf since 1968 and has currently ca. 1.500 employees. Babcock Borsig Service provides customized services, technology and products to a wide range of clients involved in Power & Desalination, Oil & Gas and other industries based in the Gulf Region. The company’s services include Life Cycle Services, Construction, Maintenance & Rehabilitation, Efficiency Enhancements and Lumpsum Turn Key. Additional information is available at: www.babcock.bilfinger.com.

About Pall Corporation

Pall Corporation (NYSE:PLL) is a filtration, separation and purification leader providing solutions to meet the critical fluid management needs of customers across the broad spectrum of life sciences and industry. Pall works with customers to advance health, safety and environmentally responsible technologies. The Company’s engineered products enable process and product innovation and minimize emissions and waste. Pall Corporation, with total revenues of $2.7 billion for fiscal year 2011, is an S&P 500 company with more than 10,000 employees serving customers worldwide. To see how Pall is helping enable a greener, safer, more sustainable future, follow us on Twitter @PallCorporationor visit www.pall.com/green.

To learn more about Pall products for natural gas treatment processes, visit http://www.pall.com/chemical_47119.asp.

Contacts

Anke Neale

Head of Executive Office and Communications

Babcock Borsig Service

Email: info@babcock.bilfinger.com



Doug Novarro

Corporate Public Relations

Pall Corporation

+15168019944

Follow us on Twitter @pallcorporation

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