The management team will be led by Allan. HOUSTON, OctoRockwell Automation (NYSE: ROK) and Schlumberger (NYSE: SLB) today announced the closing of their previously-announced joint venture, Sensia, the oil and gas industry’s first digitally enabled, integrated automation solutions provider. Premium In 2019, Schlumberger and Rockwell Automation closed their joint venture, Sensia, the oil and gas industry's first digitally enabled, integrated automation solutions provider.
He is currently Director Global Technology - Systems and Solutions Business at Rockwell Automation. The Sensia joint venture will be the first fully integrated provider of. The management team will be led by Allan Rentcome, who will serve as CEO. Rockwell Automation made a 250 million cash payment to.
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Sensia is expected to generate annual revenue of $400 million, and will employ approximately 1,000 team members serving customers in more than 80 countries, with global headquarters in Houston, Texas. Sensia brings together the best of the best: the pioneering process automation, real-time control and IoT technologies of Rockwell Automation, combined with the unmatched measurement and instrumentation, software and analytics capabilities of Schlumberger. Sensia will operate as an independent entity, with Rockwell Automation owning 53 and Schlumberger owning 47 of the joint venture. Under the terms of the agreement, Sensia will operate as an independent entity, with Rockwell Automation owning 53 percent and Schlumberger owning 47 percent of the joint venture.
“This joint venture is the next step in our vision to offer our customers smart, connected devices with rich diagnostic capabilities, coupled with measurement, automation, and analytics that improve oilfield operations, facilitate business decisions and reduce total cost of ownership throughout the life of a field.” “Sensia will create a leading technology provider that will further drive optimization of E&P oilfield assets,” said Paal Kibsgaard, chairman and CEO, Schlumberger. Rockwell AutomationROK has entered into a joint venture (JV) agreement with Schlumberger SLB, named Sensia.
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