Backbone of energy supply

Efficient production, transportation and processing. Oil and gas will remain the backbone of the global energy supply for decades to come. The importance of natural gas as the cleanest fossil energy resource will even grow. Proven reserves climb new highs, based on deep sea exploration and unconventional resources. 
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Advanced solutions

Smart technologies and advanced solutions required

The time of easy oil & gas are over for good. Only by applying appropriate technologies can the reach of global resources be extended. Three levers are driving this development: Firstly, exploration focuses on areas in so-called harsh environments (e. g. deep-sea). Secondly, the increased use of unconventional resources. And finally, the industry has begun to apply technologies that make better use of existing fields, no gas flaring, enhanced oil recovery, and depletion compression being the buzz words here. Volatile oil prices and the oil price drop we are facing since the second half of 2014 call for more efficient processes along the way from production to consumption. Sustainability is a matter of leveraging the right technology, one that will help us improve a plant’s CAPEX and OPEX as well as its environmental performance.

CAPEX and OPEX reduction in the focus

The volatile oil price and especially the drop from significantly over 100 $ per barrel to under 40 $ is an enormous challenge for the industry. Result is an increased focus on reduced CAPEX and OPEX to enable profitability in production, transportation and processing of oil and gas. Depleting oil fields for example need 4 to 5% of production to be replaced every year. It is clear that the money for the required investments must be earned in the markets.

Automation and Digitalization are gaining ground

The digital transformation has started to revolutionize the oil and gas industry. More automation and intelligence can create significant efficiency gains and improved safety in all steps of the oil and gas value chain and for all phases of a project. Making big data to smart data is the message. The industry asks for the right expertise in this process of integrating the digital and the real world and for the expedient IT-tools. 

Standardization, modularization and cooperation

The oil and gas industry requires proven solutions for safe operations. Standardization along global operations, pre-fabricated and pre-tested plug and play solutions from a single source as well as modularized concepts are strategies to mitigate project risks. Oil and gas projects are becoming increasingly complex, calling for an integrated approach. Exchanging technologies, creating partnerships between technology provider, EPC and operator, and thus intensifying collaborations can help to develop the best fitting technical solution and streamline project execution – from start to finish. 

Made to measure

Reliable and efficient solutions to maximize success

Siemens stands for reliable, innovative, efficient and environmentally friendly solutions throughout the entire value-added process for oil and gas and along the total lifecycle. Leading technological expertise in electrification, automation, digitalization, water technologies and compression and pumping grant a solid foundation for our wide range of high-performance products and services. Integrated packages of entire functionalities cut down interface conflicts to help optimize a plant’s CAPEX and OPEX and mitigate a project`s risks.
References

References

Ivar Aasen production platform

  • Integrated solution packages for EICT 

  • High efficient plant management by digital oilfield concept 

  • Enhanced oil recovery based on produced water reinjection

Ivar Aasen production platform

Floating Production, Storage and Offloading

  • Digital Twin 3D Visualization

  • Realistic staff training onshore with COMOS Walkinside

  • Dynamic model for real time management and maintenance    

Vessel Pazflor

Keystone oil pipeline

  • Power substations and electrical equipment for reliable operation

  • Pump strings with variable speed drives for efficient oil transport

  • Real-time monitoring and control for highest safety

Keystone oil pipeline

Comprehensive Portfolio

  • Automation Technology
  • Compression & Pumping
  • Digitalization
  • Electrification
  • Lifecycle Management
  • Water Solutions
  • Industrial Communications
  • Dresser-Rand
Oil and Gas Portfolio
Short Cuts

Improvements needed all along the Energy Conversion Chain

In order to meet the challenges of a sustainable energy system measures have to be taken all along the energy conversion chain from the utilization of fossil resources through power generation and transportation to improvements in consumption.

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