- Solution combines Bentley Systems Inc.’s asset performance software capabilities with Siemens Energy’s oil and gas equipment expertise
- Enhances equipment uptime and reliability while reducing maintenance costs and safety risks
Siemens Energy and Bentley Systems, Inc. (Bentley) have announced a joint solution that delivers intelligent analytics derived from domain experience to reduce operating expenditures associated with oil and gas assets. The new service, known as Asset Performance Management for Oil & Gas, or APM4O&G, incorporates key complementary offerings from both companies to help operators enhance asset performance, eliminate downtime, and reduce maintenance costs.
- The project represents Mozambique’s first onshore LNG development
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Siemens Energy gas turbines will help generate low-emission power onsite
CCS JV (a joint venture between Saipem and McDermott) recently selected Siemens Energy to supply emissions-reducing power generation equipment and boil-off gas compressors for the Mozambique LNG Project in the Cabo Delgado province on Africa’s East Coast. The project, led by TOTAL E&P Mozambique Area 1, includes the development of offshore gas fields in Mozambique’s Area 1 and a liquefaction plant with a capacity in excess of 12 million tons per year.
- Acquisition to address rising demand for low-voltage power distribution in India
- Siemens to acquire 99% of C&S Electric Limited
- Transaction strengthens local market presence, enables creation of export hub
- Closing subject to regulatory approvals
In a step to meet the increasing demand for electrification across industry, infrastructure and buildings in India, Siemens Ltd. (India) today signed an agreement to acquire New Delhi-based C&S Electric Limited. The acquisition of one of the leading providers of electrical and electronic equipment for infrastructure, power generation, transmission and distribution, will strengthen Siemens’ position as a key supplier of low-voltage power distribution and electrical installation technology in one of the world’s fastest-growing economies. Under the agreement, Siemens Ltd. will acquire approximately 99 percent of the equity share capital of C&S Electric Limited for around EUR 267 million (INR 21 billion). Closing of the acquisition is subject to regulatory approvals. In the future, Siemens envisions this partnership to pave the way for the establishment of a design and manufacturing hub in India, supporting the export of electrification solutions to fast-developing markets around the world. Siemens Ltd. is the local, publicly-listed entity of Siemens AG.
- New Grid Diagnostic Suite offers unique comprehensive insights
- Gain a grid-wide view of energy automation systems
- Market launch of initially four cloud-enabled applications
- Enhances cost efficiency and availability of smart grids
- Support through digitalization in increasingly complex power grids
Siemens is presenting for the first time its new Grid Diagnostic Suite at the European Utility Week in Paris. The Grid Diagnostic Suite initially includes four cloud-based applications which collect data from new or existing field devices for protection, distribution automation and power quality. These data are stored and analyzed in the cloud. This requires almost no additional engineering effort. Distribution grid operators and operators of electricity grids in industrial parks can quickly tap into useful information from devices installed anywhere in the smart grid. This will enable grid faults, for example, to be detected at an early stage and quickly rectified. After information is collected, vulnerabilities can be identified, and necessary measures can be implemented before any damage occurs. In this way, Internet of Things (IoT) applications in the Grid Diagnostic Suite enhance the availability of power grids while enabling them to be operated cost-efficiently.