Roxar wins a frame agreement extension in Qatar for its permanent downhole monitoring systems
Posted: 24 June 2004
Roxar, a leading tech nology solutions provider to the upstream oil and gas industry, has entered into a three-year frame agreement with Occidental Petroleum of Qatar (OPQL) for the provision, installation and servicing of downhole instrument systems for permanent temperature and pressure monitoring.
Since 2001, Roxar has delivered 35 downhole pressure and temperature monitoring systems to OPQL. The equipment is being used to assist OPQL in the reservoir management of their offshore Idd El Shargi and North Dome developments.
" Qatar is an important region for our permanent downhole monitoring systems as well as our multiphase flow metres. All of our tech nologies give our clients the information they need to better manage their reservoirs and optimize their production. Winning this frame agreement extension with a major client like OPQL is strategically important for Roxar in the Middle East as a whole and typifies the increased demand for our products and services", says Roxar's Chief Executive Officer, Sandy Esslemont.
About Roxar
Roxar AS is a leading international service provider of products and solutions for optimizing production and maximizing recovery from oil and gas reservoirs. The Company is organized and streamlined for growth in its core business activities.
Roxar's core competence lies in its understanding of reservoir description and flow dynamics leading to individual well and field production performance analysis. All of our products and services generate continuous information of value to oil and gas companies challenged with maximizing returns from their reservoir assets.
For more information see http://www.roxar.com/
Posted by Richard Price,
Editor Pipeline Magazine
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