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

Eighteen technologies from 14 companies from around the world will be awarded this year, including six companies that will be…

The requirements for efficiently managing produced water from oil and gas operations are shifting as volumes increase.

Siemens was awarded a contract by Arabian Drilling Co. on Feb. 19 to modernize a complete and integrated drilling-drives lineup,…

A digitally enabled floating production buoy concept provides opportunities to exploit marginal fields in the U.K. North Sea and…

‘The time for building and quickly flipping assets is gone,’ says Siemens executive, stressing the importance of keeping operational…

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

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.

How can offshore operators put digitalization to work in a strategic, comprehensive way, without adding more complexity from a patchwork of digital solutions from different vendors?