26 July 2016

In line with the Saudi Vision 2030 and Saudi Aramco's In-Kingdom Total Value Add (iktva) program, Siemens delivered the first shipment of its locally produced gas turbines to the Integrated Gasification Combined Cycle (IGCC) power plant in Jazan. This is the world's largest power plant of its kind that will be fueled with gasified refinery residues, which contributes significantly to increasing the energy efficiency. Siemens is supplying a total of 10 gas turbines - that were specifically designed for synthesis gas (syngas) - to Saudi Aramco's landmark project. These engineering masterpieces will power the 4000 MW power plant and generate 600 tons of high pressure steam per hour to Aramco's refinery, which is an essential part of the overall development of Jazan Economic City.

The shipment of the first locally produced gas turbine falls in line with the event held by Aramco with its partners for the Fadhili project.

Prof. Siegfried Russwurm, Member of the Managing Board and CTO of Siemens AG said during the festivities, "Today we celebrate another milestone together with our partners. We built these high-tech gas turbines in Saudi Arabia with local talent and are proud to deliver them to their new home in Jazan. We have kept our promises and are grateful to Saudi Aramco for their confidence in Siemens. We assure Aramco and the people of Saudi Arabia of Siemens' continuous strong commitment and contribution to the realization of the Kingdom's Vision 2030."

Siemens is a leader in building energy-efficient and resource-saving technologies. In addition, Siemens' contribution to the Saudi society extends beyond supporting the successful operation of the Kingdom's power plants and achieving best-in-class efficiency standards. Siemens adds lasting value to local communities and has made sustainable development the cornerstone of all its activities, and that means acting responsibly on behalf of future generations and keeping the three dimensions of sustainability - people, planet and profit - in balance.

Siemens in Saudi Arabia:
Being active in the Kingdom for more than 85 years, with more than 2,000 employees today, Siemens is delivering innovative solutions to its customers, partners and the society in Saudi Arabia, contributing significantly to the development of the country's infrastructure. Together with our shareholder and long-term partner, E.A. Juffali and Brothers, we will carry on with our commitment and contribution to the development in Saudi Arabia.

"We make real what matters." That's our aspiration. That's what we stand for. That's what sets us apart. A reflection of our strong brand, it's the mission that inspires us to succeed.

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 No. 1 in offshore wind turbine construction, a leading supplier of gas and steam turbines for power generation, a major provider of 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 2015, which ended on September 30, 2015, Siemens generated revenue of €75.6 billion and net income of €7.4 billion. At the end of September 2015, the company had around 348,000 employees worldwide. Further information is available on the Internet at www.siemens.com
 
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© Press Release 2016