Schlumberger has acquired Omron Oilfield and Marine, a Houston-based OMRON Corporation group company.
Houston-based Schlumberger announced the acquisition last Thursday.
The financial terms of the deal were not disclosed.
Omron Oilfield and Marine currently has 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.
“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,” executive vice president of technology Technology, Schlumberger Ashok Belani said.
Omron Oilfield and Marine was founded in Houston as Industrial Drive Maintenance 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.
“This transaction enables us to leverage our U.S.-installed base with Schlumberger’s global reach to create new market opportunities internationally,” Omron Oilfield and Marine CEO Robert Bost said.