Paulo Ruiz Sternadt has been appointed CEO of the Dresser-Rand business, part of Siemens Power and Gas Division. He succeeds Judith Marks who will leave the company at her own request.
Using the combined expertise from its acquisitions of Dresser-Rand and Rolls-Royce Energy business, Siemens launches the latest evolution of its gas turbine portfolio – the SGT-A35 RB.
The EU Commission has unconditionally approved Siemens' acquisition of Dresser-Rand. All regulatory approvals required to complete the transaction have now been obtained and the transaction due to be closed by the end of June 2015.
Dresser-Rand will supply power generation, gas export and recompression equipment for Statoil's Kristin platform in the North Sea.