Siemens has signed a long-term service contract with the gas company Dolphin Energy Limited, headquartered in Abu Dhabi. For the company's Dolphin Gas Project in Qatar, Siemens will provide service and maintenance for nine aero-derivative gas turbines from former Rolls-Royce Energy and the related nine Dresser-Rand compressors with a term of eighteen years.
"This order impressively underscores that we are on the right path with our acquisitions of Rolls-Royce Energy and Dresser-Rand. And we're gaining speed," Lisa Davis, Member of the Managing Board of Siemens AG and responsible for the Divisions Power and Gas, Wind Power and Renewables and Power Generation Services said.
Through the acquisitions of Rolls-Royce Energy and Dresser-Rand, Siemens has increased its installed base six times to more than 120,000 units of gas turbines, steam turbines and compressors. "Together, we not only have the biggest installed fleet in the industry worldwide, we are now also able to offer our customers from oil and gas and from industry a unique range of services – which opens up great opportunities," Davis said.
The entire global service market for maintenance, repair, and operations of equipment in the oil and gas sector is continuously growing with an average annual rate of two per cent. In 2016, the volume is expected to reach USD200 billion and in 2019 around USD210 billion, according to an Industrial Info Resources projection from May 2015.
The Dolphin Gas Project comprises the production, processing and transportation of natural gas from the world's largest known natural gas field North Field in Qatar. Dolphin Energy's main shareholder is Mubadala Development in Abu Dhabi (51 percent), the remaining shares are held equally by Total and Occidental.
Mr. Adel Ahmed Albuainain, Chief Executive Officer, Dolphin Energy Limited commented: "This long-term service agreement places our company on an even stronger footing because it supports our efforts to ensure the sustainability, reliability and availability of natural gas exports to the UAE and Oman. It also builds on the existing strong relationship we developed with Rolls-Royce, which has now transferred to Siemens and continues to provide Dolphin Energy with direct access to the original equipment manufacturer, thereby providing us the best service available in the market."
For further information on Division Power Generation Services, please see: www.energy.siemens.com/hq/en/services/
For further information on the Siemens Industrial Trent 60, please see: www.energy.siemens.com/br/en/fossil-power-generation/gas-turbines/industrial-trent-60.htm
Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment – such as computed tomography and magnetic resonance imaging systems – and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2014, which ended on September 30, 2014, Siemens generated revenue from continuing operations of €71.9 billion and net income of €5.5 billion. At the end of September 2014, the company had around 343,000 employees worldwide on a continuing basis.
Further information is available on the Internet at www.siemens.com
Reference Number: PR2015100031PSEN
Mr. Alfons Benzinger
Power Generation Services Division
Tel: +49 (9131) 18-7034
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