Fetching News Details
Oilfield service giant, Schlumberger and Rockwell Automation have inked an agreement to establish a joint venture, Sensia. The first fully integrated digital oilfield automation solutions provider, Sensia will offer its users scalable, cloud and edge-enabled process automation. The deal is expected to close soon, and the JV will begin operation, in the summer of 2019. While Rockwell Automation owns 53% in the JV, Schlumberger possesses 47% interest in the partnership.