Siemens, Qatar Uni, Kahramaa sign MoU
Dubai, May 9, 2012
Siemens has signed an agreement with Qatar University and Kahramaa to carry out joint efforts on researching and developing energy-efficient systems and solutions to support the rapid development of Qatar’s infrastructure.
The memorandum of understanding (MoU) is a two-year agreement that will draw on the key skills and strengths of each of the parties, a statement from Siemens said.
Siemens will cooperate with both institutions a case-by-case basis in carrying out R&D activities in the field of energy efficiency, the statement said.
Kahramaa, the local utility for electricity and water, will bring expertise in the development of energy efficient systems for power generation, transmission and distribution systems.
Specialists from the university will work in tandem with Kahramaa, using their knowledge and expertise to assist in the development of new efficient systems.
The latest partnership highlights Siemens continued support of Qatar’s National Vision 2030, which aims to develop a solid foundation built on education, scientific research, technology transfer, and community development, it said.
Martin á Porta, CEO, of Siemens WLL, the Qatari unit of Siemens AG, said: “I believe in strong cooperation with our local partners and offering our expertise to develop long-term relationships; this is part of our commitment to support Qatar’s infrastructure plans.”
“As the country continues to enjoy rapid population and industry growth, it is important for us as a responsible corporation to make the effort of strengthening the local competence by encouraging and enabling research, development and knowledge transfer,” he said.
Qatar is currently beginning preparations for the 2022 World Cup, which will see the country investing some $60 billion in infrastructure upgrades, including projects for the developments of clean power supplies.
Siemens continued dedication of its resources follows its partnership with Qatar Foundation, signed in 2011, which focuses on the advancement of the country’s infrastructure capability and competence, including establishing a service headquarters in Qatar for the company’s regional power transmission and distribution business. – TradeArabia News Service
More Energy, Oil & Gas Stories
- S Korea to pay Iran $550m under nuke deal
- Qatar LPG exports will stay unchanged till 2018
- $14bn Bahrain energy sector focus for summit
- Iraq now world's fastest-growing oil exporter
- Old IT systems pose risk to oil firms
- Thomson Reuters adds commodity monitoring tool
- Oil below $90 to hit GCC economies
- GlassPoint appoints new Oman director
- Sheffield company opens Dubai hub
- Oman targets big rise in gas output
- Intertek buys UAE firm for $66m
- Qaiwan to tender Baizan refinery EPC contract
- Al Maha wins Oman Air fuel supply deal
- Iran to become top gas importer by 2025
- UAE hydrocarbon projects seen hitting $11bn
- Summit focus on occupational safety
- Aramco names new senior VP
- Siemens gets $253m Qatar power contract
- Taqa-led group's India deal worth $1.6bn
- Taqa-led group to buy India power plants
- Iraq oil exports hit record 2.8m bpd
- Korean refiners eye more Iraq crude
- Dana starts Egypt gas plant upgrade
- Opec oil production hits new high in Feb
- Taqa-led group to buy Indian hydropower plants
- Schneider gets energy management certification
- Morocco moves ahead with $1.7bn wind farms
- Iraq approves power plant investments
- 670,000 oil & gas wells ‘need to be drilled’
- Qatar bourse celebrates Mesaieed listing