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SGT: The Latest

On June 30, 2015, Siemens acquired Dresser-Rand and formed a new business within Siemens combining both companies’ compressor product and services businesses. “Dresser-Rand, a Siemens Business” brings together two highly complementary businesses and creates a force with the potential to be a true leader in the oil and gas industry, by expanding the range of mission-critical rotating equipment solutions we can provide our customers.

The synergies between Siemens and Dresser-Rand include a complementary footprint with the U.S. Navy, enabling us to provide a more attractive portfolio to this important Federal customer. Dresser-Rand provides reliable ship service air compressors and upgrade equipment that support vital air services aboard U.S. Navy vessels. Its steam turbines drive pumps, generate power and provide main propulsion for U.S. Navy ships. Dedicated Dresser-Rand service centers on both coasts help maintain the Atlantic and Pacific Fleets.