Malaysia’s national oil company Petronas has awarded Roxar a software and services contract worth $1.73 million. Roxar is to supply Petronas’ E&P unit with its Irap RMS geomodeling software. Irap RMS is used for 3D reservoir interpretation and optimization, mapping, modeling, flow simulation, well planning and workflow management.
Roxar regional manager Morten Toennesen said, ‘This agreement is a milestone for us in the Middle East and Asia Pacific (MEAP) region as it recognizes our expertise and commitment to working in partnership with our customers to help them to optimize reservoir performance and maximize the value of their assets.’
Roxar recently announced expansion plans for its MEAP operations to service its growing client base. Customers in the region include Saudi Aramco, the ADNOC group of companies, Kuwait Oil Company, Dubai Petroleum Company, PetroVietnam, and Santos and global accounts ConocoPhillips, Total and BP.
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