All systems go
New Siemens oil and gas CEO Thorbjoern Fors says that every fuel source and technology should be in the energy mix as the world economy strives towards carbon neutrality
Thorbjoern Fors became the CEO of the oil & gas division of Siemens Energy on 1 April 2020, just as Petroleum Economist was going to press. Taking the helm of the division starts the latest chapter in his 17-year career in the German industrial giant—and also represents the latest corporate milestone in the establishment of a new independent pure-play energy services company. Siemens announced last year that Siemens Energy is to be spun off as a publicly listed company by September 2020. It will address almost the entire value chain across the oil and gas, power generation and power transmission segments. The mechanical engineer has more than 25 years of international experience in busin
Also in this section
10 December 2024
Sector at economic and strategic crossroads, but clear path ahead for midstream additions
30 November 2024
Decades of turmoil have left Iraq’s vast energy potential underutilised, but renewed investment and strategic reforms are transforming it into a key player in the region
29 November 2024
The country's fifth and sixth oil and gas bid rounds have attracted a range of new players with gas as well as oil ambitions—and there’s a seismic shift in the contracting process
28 November 2024
Iraq is charting a new path for its indigenous resources and its youth, hoping to electrify the future with a mix of reforms and modernisation to fuel growth
