
EnABLE ™ 2.3 Comes With Simplified Workflows, Workflow Diagrams and Navigation Tools, and Interactive ‘What-If’ Reservoir Management Capabilities
Deal expands upstream oil and gas automation to span from reservoir to transmission
ST. LOUIS, MO; APRIL 1, 2009. Emerson (NYSE: EMR) today announced that its wholly owned subsidiary Aegir Norge Holding AS (“Aegir”) owns or has received acceptances for more than 90% of the shares in Roxar ASA (OSE: ROX) (“Roxar”).
Reference is made to previous notifications from the Board of Roxar ASA and the voluntary offer document from Aegir Norge Holding AS etc.
Stavanger, Norway, 25 March 2009. Roxar ASA (Oslo Børs: ROX), a technology solutions provider to the upstream oil and gas industry, today announced a contract worth NOK 17 million for wet gas meters to be installed in the gas fields of Turkmenistan in Central Asia. This strategically important deal reinforces Roxar’s growing presence in the Central Asian Republics.
Benefits Include Faster and More Detailed Models, Lower Costs, and Increased Productivity