Siemens subsea power grid Subsea Technology Group Tom Blades Siemens Oil & Gas Division Poseidon Bennex
Siemens has acquired two subsea specialist companies from Norwegian energy firm Subsea Technology Group. Siemens anticipates that the subsea power grid market will grow to become a multi billion market by 2020. Tom Blades, CEO of Siemens Oil & Gas Division said: “Subsea processing is a fast growing and technologically challenging part of upstream oil […]