KONE delivers elevator for Australian offshore project

Trade Press Release Published 02/14/2012

KONE, trade press release, February 14, 2012

KONE delivered one custom-made elevator for the North Rankin Redevelopment Project. Based on the KONE MonoSpace® machine-room-less elevator, the solution KONE developed and delivered is designed to provide safe and efficient transportation of people and goods onboard the North Rankin B (NRB) platform. The elevator has a maximum load of 1500 kg or 20 persons and travels seven levels.

The North Rankin Redevelopment Project will extend supply from the North Rankin and Perseus fields. The Project involves the construction and installation of a new gas processing facility which will enable the recovery of low pressure reserves. The NRB platform, constructed by Hyundai Heavy Industries Co. Ltd. in Korea, will be connected by two 100-meter bridges to the existing North Rankin A platform. On completion both platforms will be operated as a single integrated facility known as the North Rankin Complex.

Woodside Energy Ltd. is the operator of the USD 27 billion North West Shelf (NWS) Project. The six equal participants in the NWS Project are: Woodside Energy Ltd. (16.67% and operator); BHP Billiton Petroleum (North West Shelf) Pty Ltd (16.67%); BP Developments Australia Pty Ltd (16.67%); Chevron Australia Pty Ltd (16.67%); Japan Australia LNG (MIMI) Pty Ltd (16.67%); and Shell Development (Australia) Proprietary Limited (16.67%).

For further information, please contact:
Calin Hera, Marketing and Communications Coordinator, KONE Marine, tel: +358204754562 email: calin.hera@kone.com

About KONE
KONE is one of the global leaders in the elevator and escalator industry. The company has been committed to understanding the needs of its customers for the past century, providing industry-leading elevators, escalators and automatic building doors as well as innovative solutions for modernization and maintenance. The company's objective is to offer the best People Flow(TM) experience by developing and delivering solutions that enable people to move smoothly, safely, comfortably and without waiting in buildings in an increasingly urbanizing environment. In 2011, KONE had annual net sales of EUR 5.2 billion and on average 35,000 employees. KONE class B shares are listed on the NASDAQ OMX Helsinki Ltd in Finland.


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