Schlumberger acquires Omron Oilfield and Marine

Jun 03, 2016 12:00 AM

Schlumberger has acquired Omron Oilfield and Marine, Inc., a U.S.-based OMRON Corporation group company, which is a global leader in automation technology and solutions.

'The addition of Omron Oilfield and Marine will enable us to strengthen our industrial automation control systems capabilities as part of our long-term strategy to develop an integrated well construction system,' said Ashok Belani, executive vice president, Technology, Schlumberger. 'The control system plays a pivotal part in developing the software capabilities required to realize our vision to provide our customers with a step change in drilling performance.'

'This transaction enables us to leverage our U.S.-installed base with Schlumberger’s global reach to create new market opportunities internationally,' said Robert Bost, CEO, Omron Oilfield and Marine. 'We will continue to build on our existing technology collaboration to expand control system capabilities in oilfield applications.'

Omron Oilfield and Marine is based in Houston, Texas and consists of 139 employees. The company designs, manufactures, sells, and provides aftermarket services for automated drive and control systems, power houses, and drillers’ cabins. The company also offers software-based drilling technologies on a rental or subscription basis. Omron Oilfield and Marine was founded in Houston as Industrial Drive Maintenance, Inc. (IDM) in 1973. It was acquired in 1999 by the OMRON Corporation, a Kyoto-based global leader in the field of automation, and is currently organized within the company’s Industrial Automation division.

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