Facing a potentially ‘lower for longer’ scenario, the oil and gas industry is beginning a transformation of its own, increasingly applying data-driven solutions to boost performance, enhance efficiency and ultimately, reduce costs. Siemens is a single-source supplier to the industry for all mission-critical technology. Delivering a solution for the entire value chain – from production to transportation to processing – to increase productivity and make businesses more competitive.
Transforming the industry through digitalization
Digitalization, Industry 4.0 and The Internet of Things are all drivers in influencing the adoption of digital technologies across multiple industries. The oil and gas industry in the Pacific region can take bold steps toward automated, digitalized environments with Siemens.
Why does it matter?
Data-based solutions translate to efficiency gains and cost savings, all the more critical in a ‘lower for longer’ scenario. And, your competitors are already pursuing digital solutions.
What do we do?
‘Digital twins’ enhance design, engineering, testing, training operations and maintenance. Data analytics and cybersecurity services protect and optimize the lifecycle of equipment.
How do we do it?
We combine software with expertise in data analytics and extensive digital solutions experience to create a digital roadmap for your solutions – and your success.
The winning formula
We develop a digital roadmap together to make your company more competitive.
How digitalization is changing the oil & gas industry
An Australian oil and gas company’s floating production, storage, and offloading facility has benefited from Siemens technology. Read more about the Woodside upgrade that keeps the Woodside systems in line with technology evolution as well as provide new features.
Okha floating production, storage, and offloading facility (FPSO) connects to 10 subsea wells with an estimated production capacity of 60,000 barrels a day and storage capacity of 925,000 barrels.
Integrated control and safety system is based on a Simatic PCS7 process control system with fault-tolerant controllers and a combination of standard and safety I/O systems.
Siemens experts in Australia have been involved in the Okha project from its early stages and provided comprehensive training for Woodside engineering and maintenance personnel.
Siemens has invested more than 40 years in adding value, efficiency and innovation to the oil and gas industry. Following the acquisition of Dresser-Rand and the Rolls-Royce Energy gas turbine and compressor business, Siemens is a single-source solution partner for the oil and gas industry.
Efficiency through Plant Lifecycle Management solutions
The smooth operation of a power plant has a direct impact on productivity, profits and market share. Siemens PLM solutions offer complete assurance to plant owners that at every stage of the plant lifecycle processes are optimised and improvements are implemented.
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