We use cookies
to help provide you with a good experience on our website. By continuing to browse the website, you are agreeing to our use of cookies.

Siemens Energy partners with Linde Engineering to accelerate decarbonization efforts

GO NET-ZERO
CARBON ENERGY

Siemens Energy partners with Linde Engineering to accelerate decarbonization efforts

The downstream oil and gas industry is under intense pressure to improve efficiency, reduce greenhouse gas (GHG) emissions, comply with strict environmental regulations, and demonstrate that it can be part of a sustainable future. At the same time, plant operators face the ever-present challenge of lowering costs and maintaining profitable operations. Source: Linde Engineering

To help the industry meet these demands, Siemens Energy and Linde Engineering have entered into a strategic partnership. As part of the collaboration agreement, the two companies will leverage their complementary portfolios and competencies to investigate, develop, and optimize technology and equipment packages to enhance the sustainability and performance of petrochemical facilities (brownfields and greenfields).   

The companies will jointly conduct studies that explore how Siemens Energy’s and Linde Engineering’s technologies can be combined to facilitate the decarbonization of petrochemical plants through emissions reductions and increases in energy efficiency – for example, by optimizing the consumption of power and steam.   

Particular areas that will be evaluated include, but are not limited to, the use of Siemens Energy’s products, including gas turbines, steam turbines, compressors, and generators with Linde Engineering’s steam cracker technology and related processes for olefin production, purification, and separation. The companies will also explore how renewable technologies and energy storage can be leveraged to support customers’ decarbonization initiatives. Other key performance areas that will be targeted for improvement include plant availability and uptime, maintenance, OPEX and CAPEX, and regulatory compliance.

Relevant news

GO NET-ZERO
CARBON ENERGY
Go Net Zero: Movers & Shakers | Eric Koenig, Schneider Electric
Eric Koenig, VP Oil & Gas – Strategy & Marketing, Schneider Electrc talks about the project with McDermott and IO Consulting- Net Zero Upstream facilities.
CIS PETROCHEMICALS
Putin gave a
green light for
the Russian
petrochemicals
The Russian authorities will continue to create comfortable conditions for attracting investments in the development of the country's petrochemical industry - Putin said in Tobolsk.
GO NET-ZERO
CARBON ENERGY
Baker Hughes to acquire Carbon Capture Technology
Baker Hughes announced today it is acquiring Compact Carbon Capture, a pioneering technology development company specializing in carbon capture solutions.
DOWNSTREAM CASPIAN AND CENTRAL ASIA
Kazakhstan plans to invest $15 billion in the petrochemical industry by 2025
Kazakhstan expects to implement several new projects in the downstream sector.
GO CIRCULAR
BP sells off its petrochemical business to Ineos for £4bn
Ineos has struck a five billion dollar deal to buy a wing of BP that had fallen out of favour at the oil giant.
CIS PETROCHEMICALS
Gemont signs contract to build IOC plant