Energy companies finalise partnership agreement

Siemens and Neptune Energy Germany have signed a partnership agreement joining development efforts in the field of digitalisation. Neptune is an exploration and production company, part of the globally active Neptune Energy Group, and is an expert in the production of hydrocarbons. The Co-Creation partnership agreement allows both companies to combine their know-how: Neptune with its expertise in the field of oil and gas production and Siemens with its automation, IT and data analysis skills. The objective is to bundle their knowledge and experience with a view to optimising the capture and evaluation of data in oil and gas extraction in order to increase the productivity and security of extraction facilities. New possibilities in the field of digitalisation mean that preemptive repairs can be undertaken before an anticipated fault occurs. Historical and real-time data from the feed pumps in operation will be analysed by experts. 

Contact Jennifer Naidoo, Siemens, Tel 011 652-2795,


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Source: EE plublishers