Statoil and Roxar have signed a software agreement that will meet Statoil’s growing demand for access to Roxar’s reservoir modeling system Irap RMS. The contract runs over the next two years, and is worth 20 million Norwegian Kroner. The agreement results from Statoil’s growing use of 3D modeling.
Roxar COO, Sandy Esslemont said, “In addition to the recent contract awards from Norsk Hydro and several other oil and gas companies, this agreement emphasizes Irap RMS as the 3D modeling solution of choice in the oil and gas industry”.
© Oil IT Journal - all rights reserved.