Siemens 2008 Annual Report Download - page 56

50 Products and solutions – Energy Sector
With fossil fuels like oil and gas growing scarcer, the question of how they can be more efciently
extracted, transported and processed is a major challenge. And we have an answer: our innovative
“all-electric oil and gas” approach. In conventional systems, the compressors used to extract,
transport and process oil and gas are driven mechanically by gas turbines. When these turbines
are replaced with electrical drives and the electricity required is generated at a central combined
cycle power plant, overall process efciency can be boosted from around 20 percent to nearly
50 percent – slashing fossil-fuel consumption while minimizing downtime for maintenance.
We provide the key components for extracting oil and gas – including compressors and drives
such as electric motors, gas and steam turbines, all the necessary electrical equipment, and auto-
mation and control solutions. These offerings solidly position us to serve the needs of a global
energy industry that will continue to depend on fossil fuels in the coming decades. As energy
resources are increasingly tapped in remote or extremely challenging regions such as in the polar
seas and beneath the ocean oor, the need for advanced, exceptionally robust technologies will
grow. We’re setting industry benchmarks in these areas with our innovative solutions. In addition
to our products and systems for the oil and gas industry, we offer gas and steam turbines for
industrial applications. Our gas turbines have capacities of up to 50 megawatts, while our steam
turbines generate up to 250 megawatts. We also supply steam turbines specially designed for use
in solar thermal power plants.
Driven by the rising demand for energy, our market is growing at six percent a year. To meet this
demand, we’re steadily strengthening our position in the global market by making major invest-
ments, like our new €100-million test center in Duisburg, Germany, where we can simultaneously
test six complete compressor trains weighing up to 700 tons apiece. By continuously expanding
our R&D activities and production capacities, we expect to achieve above-average protability over
the next few years.
Oil & Gas
Frank Stieler
CEO
www.siemens.com/energy
Our portfolio covers a full range of products and solutions for extracting,
transporting and processing oil and gas. We also supply automation
and control technologies, power distribution and water management
systems, and integrated IT solutions. In addition, our offerings include
components and systems for generating electricity for industrial
com panies and public utilities as well as compressors and drives for
the process industry.