At the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), 7 - 10 November, Siemens demonstrated how digitalisation 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 demonstrated at ADIPEC 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 at ADIPEC 2016 was turning data into value for oil and gas companies. Siemens showed to it 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.
During the conference, held alongside the trade show, Lisa Davis, Member of the Managing Board of Siemens AG, engaged in a panel discussion on 8 November. The panel was 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 invited attendees to engage with its experts on cyber security and LNG compression at the company’s booth. Leo Simonovich, director of global cyber strategy and product development at Siemens AG, explained 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, Patrice Bardon, Vice President Client Service LNG at Siemens’ Dresser-Rand business, demonstrated 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.