Siemens Energy and Automation has acquired Houston, TX-based Berwanger for an undisclosed sum. The company will now become part of the oil and gas business of the Siemens Industrial Solutions and Services Group (I&S).
Established in 1993, Berwanger is an engineering and software development firm serving the oil, gas and petrochemical industry worldwide.
It is known for its process and mechanical engineering expertise and for its software solutions including “Oil and Gas Manager” (OGM), used for upstream concept selection and field development planning, “Pressure Protection Manager” (PPM) for pressure relief system design and analysis, and “UltraPIPE”, an inspection data management system (IDMS).
The company will continue to operate from its Houston location which will become Siemens' global centre of competence for oil, gas and petrochemical applications. Berwanger employs approximately 185 people who will be integrated into the Siemens business structure.
“The acquisition of Berwanger will allow Siemens to expand its international reach in the oil, gas and petrochemical industries,” said Aubert Martin, president and CEO, Siemens Energy & Automation.
MOF captures hot CO2 from industrial exhaust streams
How much so-called "hot" exhaust could be usefully captured for other heating purposes (domestic/commercial) or for growing crops?