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Siemens to stress on grid digitization at Oman event

MUSCAT, May 18, 2016

Siemens will highlight the importance of integration and grid digitalization while combining and expanding Oman’s centralised and distributed power generation capacities, at a key conference next week.

Technologies that can further improve the efficiency, fuel-flexibility, and reliability of power plants will be presented and discussed at the Oman Energy and Water Exhibition and Conference that runs from May 23 until 25 at the Oman International Exhibition Center.

Siemens will have leading executives at the conference to demonstrate the key role digitalization, cost-saving technologies and grid integration will play in the future of Oman’s energy landscape, a statement said.

The company will also underscore its continued efforts to assist the sultanate in embracing advanced technologies in the energy sector to help mitigate the impact of lower oil prices and rising energy demand due to economy growth and industrial diversification.

“As a long-term technology partner to Oman, Siemens is committed to assisting the country in creating a sustainable and diversified economy, building on four decades of positive contribution. We believe that ingenuity and technological innovation are central to achieving Oman’s national goals and its visions. With this in mind, Siemens will continue contributing to Oman’s energy industry, including oil and gas companies, with the latest solutions, enhanced by digitalization, to drive efficiency, productivity and reliability gains towards a more sustainable production of hydrocarbons,” said Markus Strohmeier, CEO of Siemens in Oman.

Power demand in Oman is forecasted to surge over the next five years. In addition to awarded projects, by 2021, the Muscat Integrated System (MIS) will need an addition of at least 1GW, while the oil and gas sector and rural areas are also expected to have an additional power requirement of at least 1GW. Oman seeks to build a non-oil dependent economy by diversifying its revenue sources.

The Oman Energy and Water Exhibition and Conference is a platform for stakeholders to discuss challenges and opportunities in the energy and water sector in Oman. The event also gives leading professionals the chance to discuss ways of improving collaboration between the public and private sectors to realize the sultanate’s future energy plans.

As part of the seminar programme, vice president sales Mena, power and gas division at Siemens, Gerd Deusser, will give a presentation highlighting how the country can meet its medium-term requirements in the power sector to secure its energy future. Aqeel Ahmed, manager, digital grid, energy management division, Siemens Saudi Arabia, will also be presenting at the seminar on “Integrated Grid Architecture”.

Due to the current industry landscape in Oman, companies are increasingly interested in technology that will optimise production capacity at lower costs. The Siemens portfolio addresses this interest using software, sensors, process automation and data analytics to drive efficiency and increase reliability across the value chain, the statement said. – TradeArabia News Service




Tags: grid | Digitization |

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