Siemens tackles oil and gas industry challenges through digitalization

At the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), held from November 7thuntil 10th, Siemens will demonstrate how digitalization and innovation can address the challenges of the oil and gas sector. Despite lower oil prices, the company’s leading industry solutions across the entire value chain can help companies boost competitiveness and cut costs. Siemens and its Dresser-Rand business will show how the right combination of solutions, services and products can bolster safety, increase reliability, and drive efficiency – from drilling pad to refinery.

Another key topic addressed by Siemens this year is turning data into value for oil and gas companies. Siemens can support companies to achieve this through its portfolio of proven innovative digital solutions, which integrate operational technology and information technologies to reduce complexity and risks. Thanks to highly efficient rotating equipment and suitable drive options for every production environment, Siemens solutions enable lower costs and more eco-friendly operations. 

During the conference, held alongside the trade show, Lisa Davis, Member of the Managing Board of Siemens AG, will engage in a panel discussion on November 8th from 14:00 to 15:00 Abu Dhabi time. The panel is entitled ‘Global Business Leaders – Implementing effective leadership strategies for the new energy landscape’.

“In today’s rapidly-changing energy sector, supporting our regional customers to mitigate market fluctuations is a top priority,” said Dietmar Siersdorfer, CEO of Siemens in the UAE and Middle East. “Our customized digital solutions for the region’s oil and gas companies help them drive down costs, while increasing productivity and security.” 

Siemens also invites attendees to engage with its experts on cyber security and liquefied natural gas (LNG) compression at the company’s booth. Leo Simonovich, Director, Global Cyber Strategy and Product Development at Siemens AG, will explain how Siemens’ digital solutions are helping protect industry players from cyber threats, a top concern for the oil and gas industry.

On the LNG side, an exciting space in the Middle East and North Africa region, Patrice Bardon, Vice President Client Service LNG at Siemens’ Dresser-Rand business, will demonstrate how equipment configurations can be used to drive main refrigeration compressors for given liquefaction processes and discuss the relative benefits of each. Whether a business is planning its next LNG liquefaction plant or an import terminal, Siemens has a broad range of technologies enabling it to operate such assets safely and economically.

ADIPEC, an annual show for the oil and gas community, is expected to attract some 95,000 visitors over four days. This year’s theme is ‘Transitional Strategies for an Efficient and Resilient Energy Industry’.

Siemens has been a long-term technology partner to the region. In the UAE, Siemens turbines account for 40 percent of the country’s power generation capacity. In Dubai, the company has been supplying the emirate with power solutions since 1992, including technology for the protection and automation of its power infrastructure for the digital age