We at Siemens Energy's Subsea business unit have a portfolio tailored to support the industry on this journey. From our wide range of connectors and sensors to our large-scale subsea power distribution systems, we deliver the products and solutions that ensure our customers’ systems are connected and energized and that the large amount of data collected subsea is accurately and timely delivered to a control room or into a cloud solution. The end result for the customer is increased production, greater availability of systems, longer uptime and reduced CAPEX and OPEX. Our 40-year track record in serving the subsea oil and gas industry is a solid foundation for also supporting the offshore and subsea renewables industry in the coming energy transition.
Decarbonization, digitalization, and electrification are three major trends in the oil and gas industry. These trends will influence the way forward with regard to infrastructure, products and processes across the oil and gas market. In addition, we are seeing the emergence of offshore and subsea renewable power generation and energy production and storage.
