
Roxar has during the 4th quarter of 2007 experienced slippage in one major software contract in the AsiaPacific region which the Company expected to close in December 2007.
Both of the employee representatives in the Roxar board are female, whilst the act requires that both genders are represented where the company has two or more employee representatives.
Roxar has donated 164 licenses of its industry leading IRAP RMS™ reservoir modeling software Heriot-Watt University’s Institute of Petroleum Engineering.
Reference is made to the stock exchange notification dated 27 December 2007 regarding an employee offering in Roxar ASA.
In agreement with the management of Roxar ASA, Mark Bashforth will step down from the position as Managing Director of Roxar Software Solutions.
Roxar ASA today announced that it has received a significant software service contract worth a total of NOK 27 million with a leading energy company in the CIS (Commonwealth of Independent States).
Roxar ASA today announced that it has received two corporate software contracts worth a total of NOK 36 million with two of the leading energy enterprises in the CIS (Commonwealth of Independent States).
Roxar ASA will publish its financial reports on the following dates in 2008.
Roxar ASA (Oslo Børs: ROX), a technology solutions provider to the upstream oil and gas industry, today announced that it has received a Letter of Intent from FMC Technologies, the world's leading supplier of subsea production and processing systems, to supply subsea multiphase flow meters. The flow meters will be included in FMC’s deliveries to the Pazflor project offshore West Africa. Total value of the order will be approximately USD 15 million.
On 2 October 2007 the general assembly of Roxar AS, the wholly owned subsidiary of Roxar ASA resolved to demerge Roxar AS by liquidation of Roxar AS and incorporating three new entities.