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Siemens' technologies recognized at 2019 OTC SONT awards ceremony

The Spotlight on New Technology (SONT) Awards is a program for OTC exhibitors that showcase the latest, most advanced technologies within the oil and gas industry.

BlueVault™ energy storage is a lithium-ion battery-based energy storage solution suited for both all-electric and hybrid (e.g., diesel-electric) power applications. It's specifically designed to help ensure power continuity and minimize emissions on vessels and offshore drilling rigs as well as for offshore production topsides to improve performance, redundancy principles and gas turbine power plant performance. The solution is highly digitalized and features an advanced condition-monitoring system that monitors the voltage and temperature of individual battery cells to provide state-of-health and state-of-charge transparency of the energy storage solution.
"The development of the BlueVault energy storage solution focused on creating the safest energy storage solution in the offshore and marine industry," said Stig Settemsdal, Chief Technology Officer, Offshore Solutions, Siemens. "This award inspires our team to continue its efforts to drive safety in offshore and marine all-electric and hybrid power solutions into the future."

The Subsea Power Grid is designed to power subsea production equipment cost-effectively and with minimum risk. A departure from the more conventional approach to powering subsea assets, this technology transforms field developments by moving power distribution equipment like transformers, switchgear and variable speed drives (VSD) subsea, thereby reducing cost and making previously uneconomically recoverable oil and gas resources recoverable.
"This award serves as a further encouragement to us in our daily efforts to deliver cost efficient, reliable power distribution technology that supports complex subsea developments that require flexible power solutions," said Atle Stroemme, Executive Vice President, Subsea at Siemens.

For more information on these technologies and Siemens' presence at OTC, visit:
Siemens Gas and Power (GP) is a global pacesetter in energy, helping customers to meet the evolving demands of today's industries and societies. GP comprises broad competencies across the entire energy value chain and offers a uniquely comprehensive portfolio for utilities, independent power producers, transmission system operators and the oil and gas industry. Products, solutions and services address the extraction, processing and the transport of oil and gas as well as power generation in central and distributed thermal power plants and power transmission in grids. With global headquarters in Houston in the U.S. and more than 64,000 employees in over 80 countries, Siemens Gas and Power has a presence across the globe and is a leading innovator for the energy systems of today and tomorrow, as it has been for more than 150 years.
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Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 170 years. The company is active around the globe, focusing on the areas of power generation and distribution, intelligent infrastructure for buildings and distributed energy systems, and automation and digitalization in the process and manufacturing industries. Through the separately managed company Siemens Mobility, a leading supplier of smart mobility solutions for rail and road transport, Siemens is shaping the world market for passenger and freight services. Due to its majority stakes in the publicly listed companies Siemens Healthineers AG and Siemens Gamesa Renewable Energy, Siemens is also a world-leading supplier of medical technology and digital healthcare services as well as environmentally friendly solutions for onshore and offshore wind power generation. In fiscal 2018, which ended on September 30, 2018, Siemens generated revenue of €83.0 billion and net income of €6.1 billion. At the end of September 2018, the company had around 379,000 employees worldwide. Further information is available on the Internet at
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Janet Ofano

Siemens AG

5101 Westinghouse Boulevard
28273-9640 Charlotte, NC

+1 (803) 389-6753