German conglomerate Siemens has unveiled an integrated approach to the engineering, supply and lifecycle optimisation of pipeline assets in order to meet the evolving needs of North American operators.
The Siemens Pipelines 4.0 solution comprises equipment and turnkey packages for pipeline stations, as well as data analytics, lifecycle service and cyber security, in combination with equipment and turnkey packages for pipeline stations.
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
According to the company, aside from increasing production in North America, unconventional resource development has strained transportation infrastructure, namely pipelines.
Some of the challenges faced by operators include a potentially ‘lower for longer’ price of oil and gas, intense competition, the need to reduce CAPEX and OPEX, aging assets, the effective management of large amounts of data and cyber security concerns.
Siemens Oil and Gas Account Management Team head Matthew Chinn said: “We work with our pipeline customers to deliver what matters most: safety, efficiency, predictability, reliability, and ultimately, peace of mind.
“And it is precisely our close proximity to customers that drove the development of Pipelines 4.0. The market has evolved, and we’ve evolved with it.”
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalDataIn addition to integrated offerings and turnkey solutions for pump and compressor stations to enhance efficiency, the solution provides data analytics and lifecycle services to optimise critical asset performance, as well as cyber security services to protect information and ‘smart’ equipment.
Pipelines 4.0 also offers dedicated support teams to facilitate inter-company communications.
