Uncategorized
Digitalization is key to the oil and gas sector growth in Oman: Siemens
Siemens highlighted technology’s ability to reduce production and operations costs within Oman’s oil and gas sector at the Oil & Gas West Asia Exhibition and Conference in Muscat. The company demonstrated how continued efforts within the Sultanate to embrace advanced technologies in the oil and gas industry will be a contributing factor in weathering the current climate of low oil prices.
Due to the current industry landscape in Oman, companies are increasingly interested in technology that will optimize production capacity at lower costs. The Siemens portfolio addresses exactly that; using software, sensors, process automation and data analytics to drive efficiency and increase reliability across the value chain,” said Markus Strohmeier, Chief Executive Officer, Siemens Oman.
Siemens has been a development partner to Oman for more than 40 years. The company’s full portfolio of products and solutions is present in the Sultanate, from power generation and distribution to building technology, mobility and healthcare. Siemens technology has been widely implemented in Oman and the company has contributed to the continued development of the oil and gas industry with highly efficient technology including compressors, power generators and gas and steam turbines.
-
Economy2 months agoExclusive: Inside Oman’s Evolving MSME Finance Ecosystem – An Interview with Hussain Al Lawati, CEO, Development Bank
-
Banking & Finance1 month agoSohar International Contributes OMR100,000 to Support Those Affected by Al Masarrat Weather Conditions
-
OER Magazines1 month agoOER, March 26
-
OER Magazines1 week agoDossier Oman: Banking, Finance & Insurance Special Edition
-
Economy2 months agoIbri Industrial City Localises Two Projects Worth RO2M in 2025
-
News1 month agoReal Estate Price Index in Oman Grows By 13.9%
-
Economy2 weeks agoOPINION: War, Climate, and the Costs We Choose Not to See
-
News2 months agoVIDEO: Al Khamayil Oman Scales Up Production with New Rusail Facility

You must be logged in to post a comment Login