Energy Transition Shell, Siemens to Develop Low-Carbon, Highly Efficient Energy Solutions

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Shell International B.V.

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Under a MOU signed between both the parties, Shell and Siemens will develop energy efficient and sustainable solutions for Shell’s and its customers green hydrogen projects. Shell will also supply Siemens and its affiliates with low carbon products that reduce emissions across its supply chain.

Zug/Switzerland – Siemens Smart Infrastructure and Shell Global Solutions International have signed a Memorandum of Understanding (MOU) to collaborate on developing low-carbon and highly efficient energy solutions that support the energy transition. The agreement will focus on projects that produce green hydrogen for industrial applications at Shell and its customers, as well as enhancing collaboration in the areas of biofuels and circular chemistry.

Under the MOU, Siemens and Shell will create solutions that increase energy efficiency and generate sustainable power, consisting of, but not limited to, digitalization, efficient networks, and the production, distribution, and application of green hydrogen. The partnership, inked with Siemens’ Electrification and Automation business unit, has the potential to strengthen synergies for both parties.

While Siemens intends to work with Shell to accelerate the latter’s transition towards net-zero operations, Shell seeks to supply Siemens and its affiliates with low carbon products that reduce emissions across the supply chain, in Siemens’ operations, and in the use phase of Siemens products, consisting of but not limited to supply of biofuels.

“Siemens is committed to decoupling electrification from fossil fuel resources. Partnerships are key to driving this effort and transitioning towards sustainable energy supplies,” said Stephan May, CEO of Electrification and Automation at Siemens Smart Infrastructure. “The partnership with Shell fits perfectly with Siemens’ vision of electrifying the world, while helping industry and infrastructure customers reduce their carbon footprint and achieve their sustainability goals.”

Siemens has been an electrical equipment – switchgears, pumps, transformers, electrical Scada - supplier to Shell for more than a decade. Over the past years, it has evolved into a collaborative solutions supplier, spanning the full range of its electrification and automation portfolio and further enhanced by Joint Industry Programme 33 (JIP33) equipment standardization, a set of standardized industry procurement specifications for the oil and gas industry. Shell attaches great importance to the relationship with Siemens, which is paving the way to accelerating the energy transition.

“Deep collaboration with partners is essential for the delivery of low-carbon energy solutions for the future. Building on our existing relation with Siemens, I expect this MOU to enable our teams to work even closer together,” said Graham Henley, Senior Vice President Engineering & Project Capability at Shell. “Siemens’ broad range of expertise in electrification and automation, together with Shell’s engineering and project delivery capability and ambition in the energy transition will prove to be a powerful combination.”

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