Liquid Robotics Inc. and Schlumberger Ltd. (SLB: Quote) announced the formation of Liquid Robotics Oil & Gas, a joint venture to develop services for the oil and gas industry using Wave Gliders. The joint venture would combine Liquid Robotics Wave Glider technology with Schlumberger oil and gas expertise and industry knowledge to integrate and deploy new solutions for customers worldwide.
Both Schlumberger and Liquid Robotics have equal ownership of the joint venture. Liquid Robotics would provide fleets of Wave Gliders together with relevant engineering, piloting and maintenance expertise, while Schlumberger brings their upstream technology and market leadership. This joint venture would be the exclusive distributor of Wave Glider products and services to oil and gas customers globally.
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by RTT Staff Writer
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