Siemens displays digitalisation and innovation at OGWA 2018

siemens DigitalSiemens has discussed the role of digitalisation and technological innovation in making oil and gas operations safer, more efficient and more reliable during the Oman Oil and Gas Exhibition and Conference (OGWA), held from 25 -28 March 2018

The company has demonstrated how its digital solutions and services can help the industry reduce costs and enhance operational efficiency.

In the future, offshore platforms are to be increasingly controlled and operated from onshore locations. With oil and gas companies producing large amounts of data from hardware and process-related activities, Siemens’ digital solutions portfolio ranges from early feed to abandonment, helping customers collect and convert data into real-time knowledge for faster, smarter decision-making.

“Today the oil and gas industry faces a number of challenges, including a potentially ‘lower for longer’ price of oil and gas, intense competition, the need to reduce CAPEX and OPEX, aging assets, the effective management of large amounts of data as well as cybersecurity concerns,” said Jean-Claude Nasr, senior executive vice-president of power generation in the Middle East at Siemens.

“We work with our regional customers to help them maximise safety, efficiency, predictability and reliability of their operations. Oman represents a really important market to Siemens and OGWA is a great opportunity to meet the industry’s experts and talk about the latest innovations,” Nasr added.

The company also showcased a 3D-printed model for Siemens’ SGT-400 industrial gas turbines, which is a breakthrough success in the use of additive manufacturing in the power generation field.

Siemens demonstrated a number of solutions designed to reduce capital and operating expenses for companies in Oman. For the oil and gas industry, Siemens supplies a broad spectrum of products, services and solutions that support upstream, midstream and downstream applications. With the recent acquisitions of Dresser-Rand and the operating assets of Rolls Royce Energy, Siemens created the industry’s most comprehensive portfolio of high-speed rotating equipment and services for customers in the oil and gas, process and power industries.

On the data analytics front, Siemens demonstrated its software solutions designed to optimise performance across the oil and gas value chain, from automated process analysis to seamless data integration, remote monitoring, preventive maintenance, and simulated training.

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