Siemens Energy AG
Siemens Energy is one of the world’s leading energy technology companies. The company works with its customers and partners on energy systems for the future, thus supporting the transition to a more sustainable world. With its portfolio of products, solutions and services, Siemens Energy covers almost the entire energy value chain–from power generation and transmission to storage. The portfolio includes conventional and renewable energy technology, such as gas and steam turbines, hybrid power plants operated with hydrogen, and power generators and transformers. More than 50% of the portfolio has already been decarbonized. A majority stake in the listed company Siemens Gamesa Renewable Energy (SGRE) makes Siemens Energy a global market leader for renewable energies. An estimated one-sixth of the electricity generated worldwide is based on technologies from Siemens Energy. Siemens Energy employs more than 90,000 people worldwide in more than 90 countries and generated revenue of around €27.5 billion in fiscal year 2020.
Editor's note: Updated Nov. 30, 2021.
Here’s a look at some of this week’s renewable energy news, including including a nearly $7.7 billion contract win for Siemens Energy and Dragados Offshore.
Direct air capture plants like 1PointFive’s in the Permian are growing as policies like the Inflation Reduction Act incentivize climate solution technology.
Rich Voorberg, president of Siemens Energy North America, shares opportunities and challenges for hydrogen plus what it will take to make the U.S. a leader in the space.
Here’s a look at some of this week’s renewable energy news, including an oilfield service company’s investment in a battery manufacturer.
German Chancellor Olaf Scholz insists that Russia's Nord Stream 1 turbine, currently being stored in Germany, is functional and ready to be shipped back to Russia.
Here’s a roundup of the latest E&P headlines including company updates from the past week in the upstream oil and gas industry.
Here’s a roundup of the latest E&P headlines including new appointments and product announcements from the past week in the upstream oil and gas industry.
Expanding the interface between information technology and operational technology makes cybersecurity more challenging and more critical than ever, Siemens Energy cybersecurity expert Sam Miorelli warned shale operators at DUG East.
Siemens Energy's global head of cybersecurity for industrial applications explains how operators can address cybersecurity and avoid becoming a target for cyber hackers.
Siemens Energy, which on May 21 announced a 4.05 billion-euro (US$4.32 billion) bid for the remaining stake in wind turbine unit Siemens Gamesa, said no layoffs were planned as part of the move.
Siemens Energy has been faced with product delays and operational problems at Siemens Gamesa, which has issued three profit warnings in less than a year.
Results at Siemens Gamesa, which in January issued its third profit warning in nine months, mask a solid performance at Siemens Energy’s business focused on coal- and gas-fired power stations and turbines.
Here’s a look at Siemens Energy’s approach to the energy transition and how others across the oil and gas industry can successfully navigate the changes too.
With HSE regulations on the rise in the U.S., it is important for oil & gas companies to incorporate digitally enabled solutions from the start of the operation life cycle.