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Siemens has signed a long-term service contract with Dolphin Energy Limited, headquartered in Abu Dhabi. For the company’s Dolphin Gas Project in Qatar, Siemens will provide service and maintenance for nine aeroderivative gas turbines from former Rolls-Royce Energy and the related nine Dresser-Rand compressors with a term of 18 years.
Through the acquisitions of Rolls-Royce Energy and Dresser-Rand, Siemens said it increased its installed base six times to more than 120,000 units of gas turbines, steam turbines and compressors.
The Dolphin Gas Project comprises the production, processing and transportation of natural gas from the world’s largest known natural gas field, North Field in Qatar. Dolphin Energy’s main shareholder is Mubadala Development in Abu Dhabi (51%); the remaining shares are held equally by Total and Occidental.
According to the company, the global service market for maintenance, repair, and operations of equipment in the oil and gas sector is continuously growing with an average annual rate of 2%. In 2016, the volume is expected to reach US$200 billion, and in 2019 around US$210 billion, according to an Industrial Info Resources projection from May 2015.