Hydrocarbon Processing - September 2022 - 117

History of the HPI-The 2000s
SIEMENS ENERGY
Trailblazing the Path to a Low-carbon Future
Siemens Energy officially became a publicly-traded entity in 2020
after spinning off from its parent company Siemens. However, our roots
can be traced back to the mid-19th century in Europe, when we began
pioneering many technologies that world energy systems rely on today.
Since then, Siemens Energy has been at the forefront of innovation.
Our products have played an integral role in the growth and transformation
of sectors including oil & gas, marine, fiber, power generation,
and process industries. Several strategic acquisitions over the years
have further strengthened the company's offering in these critical
markets-one of the most notable being the acquisition of DresserRand
in 2015. A majority stake in Siemens Gamesa Renewable Energy
(SGRE) also makes us a global market leader for renewable energy.
Currently, Siemens Energy has more than 90,000 employees in
90+ countries worldwide. More than 50 percent of our portfolio has
already been decarbonized, and an estimated one-sixth of the electricity
generated globally is based on our technologies.
WHAT SIEMENS ENERGY OFFERS
Siemens Energy is one of the few companies in the world whose
capabilities span the entire energy value chain-from conventional
energy/hydrocarbons to renewables to hydrogen and associated eFuels.
Our portfolio includes a diverse range of products and technologies
crucial to decarbonizing energy systems, including gas and
steam turbines, compressors (gas, hydrogen, CO2 ), hybrid power
plants, electrolyzers, energy storage systems, etc. Coupled with a
comprehensive suite of electrification, automation, and digitalization
(EAD) solutions, we are uniquely positioned to help customers navigate
the energy transition by moving to more sustainable operating/
production models and ensuring that their businesses can thrive in a
carbon-sensitive environment.
The acquisition of Dresser-Rand in 2015 by Siemens was a significant
step on our journey that made us a global leader in compression
for industrial applications, including in the upstream, midstream, and
downstream oil & gas markets. The integration of the two businesses
and additional synergies created with other core offerings in the
Siemens Energy portfolio enables us to serve as a strategic partner
to customers and provide truly holistic solutions that solve today's
complex production and energy challenges.
BECOMING THE WORLD'S PREMIERE ENERGY
TECHNOLOGY COMPANY
The International Energy Agency (IEA) projects that global
energy consumption will increase by nearly 33% over the next three
decades. At Siemens Energy, we believe meeting this demand while
CONTACT INFORMATION
https://www.siemens-energy.com/industrial-applications
From our early beginnings in Europe nearly 175 years ago to the
acquisition of Dresser-Rand in 2015 and eventual spin-off into a
publicly listed entity in 2020, Siemens Energy has evolved into
one of the world's leading pure-play energy technology companies.
at the same time mitigating the effects of climate change will require
a diversity of energy sources, including cost-competitive renewables,
hydrocarbons (primarily natural gas), and hydrogen/eFuels.
Coexistence, not competition, will be critical as the world seeks to
sustain economic development on its way to net zero. Driving a
successful energy transition will also require strong partnerships
and collaboration within and across industry sectors to facilitate
innovation and accelerate the commercialization and deployment
of emerging technologies.
With an extensive portfolio of products, solutions, and services
that can be used to drive industrial decarbonization, Siemens Energy
is committed to becoming the world's premier energy technology
company and stands ready to support customers on their journey to
a low-carbon future.
SPONSORED CONTENT
Hydrocarbon Processing's Centennial Anniversary | SEPTEMBER 2022 117
https://www.siemens-energy.com/industrial-applications
Hydrocarbon Processing - September 2022

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