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For the trade press
Siemens Awarded 150 Mio. Euro Contract from TransCanada’s Keystone Pipeline Project to Supply the Project between Canada and the United States
Mississauga, Ontario, Canada /
Alpharetta, Georgia, U.S.A., 2007-12-19
Siemens today announced it has been awarded a more than 150 million Euro
contract from TransCanada Corporation (TransCanada), to supply the Keystone
Pipeline project (Keystone) with electrical equipment, electrical power supply and
pumping equipment. The 3,456 kilometer (2,148 mile) pipeline project will have
the capability to transport crude oil from the oil sands in Northern Alberta to U.S.
markets in the Midwest and Cushing Oklahoma area.
With the support of Siemens Industrial Solutions and Services Group (I&S), Siemens
Canada Limited and the U.S. based Siemens Energy & Automation, Inc. will deliver 37
pumping stations, including pump skids, a series of electrical houses and 19
substations, to supply pumping electrics and portions of electrical distribution along
2,867 kilometers (1,781 miles) of this crude oil pipeline project.
The Canadian portion of the project involves the conversion of existing TransCanada
Mainline facilities from natural gas to crude oil transmission service and the construction
of pipeline, pump stations and terminal facilities in Canada and the United States. The
in-service date for Keystone is expected to be fourth quarter of 2009 and will initially
deliver capacity of 435,000 barrels per day (bpd). Keystone will expand capacity to 590,000 bpd and extend its reach with the Cushing Oklahoma delivery point expected to
be in-service in late 2010.
“The oil and gas market segment, and the Oil Sands in particular, is strategically
important for Siemens and this order represents a significant milestone as it presents a
homogenous cross-border customer solution with Siemens in Canada, and the United
States,” said Siemens Canada President and CEO, Guenther Scholz.
“This solution is unique in that it brings together a seamless approach of technology for
our customer and guarantees delivery and pricing from both sides of the border,” said
Dennis Sadlowski, President and CEO of Siemens Energy & Automation, Inc.
A picture supplements this press release. Please see:
 www.industry.siemens.com/data/presse/pics/11076767.jpg
About Siemens Industrial Solutions and Services: The Siemens Industrial Solutions and Services
Group (I&S) is the integrator of systems and solutions for industrial and infrastructure facilities and global
service provider for the plant and projects business covering planning, installation, operation and the
entire life cycle. I&S uses its own products and systems and process technologies in order to enhance
productivity and improve competitiveness of companies in the sectors of metallurgy, water treatment, pulp
and paper, oil and gas, marine engineering, open-cast mining, airport logistics, postal automation,
intelligent traffic systems and industrial services. In fiscal 2007 (to September 30) I&S employed a total of
37,000 people worldwide and achieved total sales of EUR 8.894 billion.
Further information and
downloads at:
www.industry.siemens.com
About Siemens in Canada: Siemens is one of the largest and most diversified companies in the world,
providing innovations in areas such as automation and control, power, transportation, medical,
information and communications, and lighting. In Canada, Siemens is headquartered in Mississauga,
Ontario, with more than 6,000 employees located in 76 offices, with manufacturing facilities in Quebec
and Ontario. Sales for Siemens in Canada for fiscal 2007 (ended September 30), were $2.3 billion.
Further information is available at
www.siemens.ca
About Siemens Energy & Automation, Inc.: Siemens Energy & Automation, Inc. is one of Siemens’
operating companies in the U.S. Headquartered in the Atlanta suburb of Alpharetta, Ga., Siemens Energy
& Automation, Inc. manufactures and markets one of the world’s broadest ranges of electrical and
electronic products, systems and services to industrial and construction market customers. Its
technologies range from circuit protection and energy management systems to process control, industrial
software and totally integrated automation solutions. The company also has expertise in systems
integration, technical services and turnkey industrial systems.
More information is available at:
www.sea.siemens.com
This press release may contain forward-looking statements based on the beliefs of Siemens Canada
Limited management. The words “anticipate,” “believe,” “estimate,” “forecast,” “expect,” “intend,”
“plan,” “should,” and “project,” are used to identify forward-looking statements. Such statements
reflect the company's current views with respect to future events and are subject to risks and
uncertainties. Many factors could cause the actual results to be materially different, among others,
changes in general economic and business conditions, changes in currency exchange rate and
interest rates, introduction of competing products, lack of acceptance of new products or services and
changes in business strategy. Actual results many vary materially from those projected here.
Siemens Canada Limited does not intend or assume any obligation to update these forward-looking
statements.
Internet Keystone project:
www.transcanada.com/company/projects_initiatives.html
| Reference number: I&S 1107.6767 e |
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Press Office Industrial Solutions and Services
Wieland Simon
P.O.Box 3240
D-91050 Erlangen
Phone: +49-9131 7-46169
Fax: -25074
E-mail:
wieland.simon@siemens.com |
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