Siemens AG

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About

Siemens AG is a German multinational conglomerate company headquartered in Munich and the largest industrial manufacturing company in Europe with branch offices abroad.

Editor's note: Updated Dec. 20, 2019.

Symbol(s)
OTCMKTS: SIEGY
Headquarters Address

Munich
Germany

News

This weekly section highlights the latest upstream technologies designed to improve efficiencies.

For the first time, an OEM is making internal gas turbine fleet risk information available to customers.

In recent years, advances in the design of rotating equipment packages have helped FPSO operators meet demanding targets for capex and…

Siemens Digital Industries Software has reported on April 15 that Royal Dutch Shell has selected Polarion Requirements software as the…

Total and Siemens Energy signed a technical collaboration agreement on April 13 to study sustainable solutions for CO2 …

Transactions

Report Date Amount (MM) Description
2014-09-22 $7,600.00

Germany’s Siemens Pays Steep Price For Oilfield Equipment Maker Dresser-Rand

Germany’s Siemens Pays Steep Price For Oilfield Equipment Maker Dresser-Rand

IndustryVoice

Matthew Wilhoit, Vice President of Siemens Energy Unconventional Oil & Gas, sat down with Jessica Morales to discuss Permian Basin Operations.

While no industry today is safe from malicious cyber activity, pipelines represent an especially attractive target due to their interconnected and distributed nature, as well as the high impact outcome that can arise from a successful attack.

As shale-oil operators adopt manufacturing models and mindsets to lower the costs of completions and production, they are deploying more and more digital technologies in diverse applications, many of which Siemens pioneered years ago. Read on to learn how digitalization can drive more efficiency, visibility, and reliability in the digital oilfield to improve capital efficiency and returns.

The midstream market has evolved. Siemens evolved with it, to meet the emerging needs of pipeline operators globally.

It is no longer a question of if the oil and gas industry will undergo full-scale digital transformation, it is a matter of when.