FRANKFURT (Reuters) - Germany's Siemens (>> Siemens AG) does not foresee any further significant acquisitions in oil and gas equipment following its agreement to buy Dresser Rand (>> Dresser-Rand Group Inc.) for $7.6 billion, it said.

"We do believe now with Rolls Royce (>> Rolls-Royce Holding PLC) and Dresser-Rand we have the gap closed so we would not expect any material acquisition in the next years on this one," Chief Executive Joe Kaeser told a conference call for analysts and journalists.

Siemens in May agreed to buy the energy gas turbine and compressor business of Britain's Rolls-Royce.

(Reporting by Georgina Prodhan; Editing by Arno Schuetze)

Stocks treated in this article : Dresser-Rand Group Inc., Siemens AG, Rolls-Royce Holding PLC