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Siemens
Eni Norge to reinforce Siemens Subsea Power Grid JIP



Aug 9, 2017

The energy company Eni Norge, a subsidiary of Eni S.p.A. has joined the Siemens Subsea Power Grid Joint Industry Program (JIP). Siemens Subsea is developing a complete subsea power network with a group of partners, led by Chevron and including Statoil, Exxon and Petrobras, as part of a Joint Industry Program (JIP). The JIP lead by Chevron with ExxonMobil and Statoil as partners is one of the main initiatives in the offshore oil and gas industry for advancing large scale subsea processing.

The Siemens Subsea Power Grid will provide oil companies with the tools needed to use subsea processing on a wider range of projects including long step-outs, deep water (3000m) and in remote areas. Ultimately the Subsea Power Grid will be a key enabler for building the full subsea factories of the future.

Siemens Subsea power solutions also provides opportunities for oil companies to achieve Increased Oil Recovery from existing fields thus maximizing the return for clients while ensuring recoverable resources are not left in the ground.

The program which includes the manufacturing, testing and qualification of complete power modules in a system configuration is currently in its final stage before the solutions will be commercially available to offshore oil and gas operators.

This press release and a picture is available at
www.siemens.com/press/PR2017080389EMEN
For further information on Division Energy Management, please see
www.siemens.com/energy-management
For further information on subsea power grid, please see www.siemens.com/subsea

Siemens AG (Berlin and Munich) is a global technology powerhouse that has stood for engineering excellence, innovation, quality, reliability and internationality for more than 165 years. The company is active in more than 200 countries, focusing on the areas of electrification, automation and digitalization. One of the world's largest producers of energy-efficient, resource-saving technologies, Siemens is a leading supplier of efficient power generation and power transmission solutions and a pioneer in infrastructure solutions as well as automation, drive and software solutions for industry. The company is also a leading provider of medical imaging equipment - such as computed tomography and magnetic resonance imaging systems - and a leader in laboratory diagnostics as well as clinical IT. In fiscal 2016, which ended on September 30, 2016, Siemens generated revenue of 79.6 billion and net income of 5.6 billion. At the end of September 2016, the company had around 351,000 employees worldwide.

Contact for journalists
Heiko Jahr
Phone: +49 9131 7 295 75
E-mail: heiko.jahr@siemens.com

For more information:

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Erlangen, Germany
Germany, 91058
www.energy.siemens.com


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