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Roxar to supply meters to offshore Africa

Offshore

(Stavanger)--Roxar announced a Letter of Intent with Vetco Gray to supply subsea multiphase meters and also a contract with Vetco Gray to supply subsea wet gas meters.

The meters will be deployed in two offshore African
fields where Vetco Gray is supplying systems. Ten Roxar multiphase meters will go offshore Angola and seven wetgas meters will go offshore South Africa.

Continuous measurement of the amount of oil, condensate, gas and water at the wellheads on the sea bed, allows operators to increase flow assurance, optimize the production process and maximize oil and gas recovery.

"By measuring multiphase and wet gas flows in real-time to an unsurpassed degree of accuracy, operators can gather valuable new information on a well's performance, take early remedial action when a problem develops and optimize production," said Sandy Esslemont, Roxar CEO.

6/13/06