Siemens Strengthens Water Capabilities in Oil and Gas Industry

Effective April 1, 2012, Siemens Industry Inc. has transferred the Water Solutions Oil & Gas business to Siemens' Energy Sector, Oil & Gas Division, Integrated System Solutions (ISS). Under the Energy Sector's leadership, the former Water Technologies Oil & Gas group will have significantly added capacity to address customer needs in the oil and gas market, including enhanced access to customers, increased execution capabilities and an expanded international footprint.

The Water Solutions group will be joining more than 3000 professionals in over 35 countries.

"The oil and gas business is growing within Siemens' Energy Sector and is expected to keep pace with global energy demand," said Are Dahl, Head of the Integrated System Solutions business segment in the Oil & Gas Division of Siemens Energy. "The transfer of the Water Solutions Oil & Gas business to the Energy Sector will help us strengthen and expand our offering in this important part of the market."

The Water Solutions Oil & Gas portfolio is made up of water treatment technologies, total water treatment solutions, and water treatment services, including produced water treatment and water-steam injection for oil and gas production, as well as boiler feed water treatment, waste water treatment and water reuse for the downstream petroleum industry.