China National Petroleum Corporation (CNPC) unit PetroChina has awarded Roxar a ‘multi million dollar’ contract for multiple licenses of Roxar’s 3D reservoir modeling software, Irap RMS. The software will be deployed throughout PetroChina’s operations in China, including the Xinjang, Daqing and Liaohe regions where production optimization is driving Irap RMS take-up. The agreement includes an extensive training program for several hundred PetroChina staff.
Roxar CEO, Sandy Esslemont said, ‘This agreement consolidates Roxar’s presence in Asia. RMS will give PetroChina the business critical information it needs to manage its oil and gas reservoirs and optimize production.’ Roxar has had an office providing local support in the People’s Republic of China since 1999 and anticipates a high level of investment in the Chinese oil and gas sector over the next few years.
In a separate deal Roxar is to deploy its subsea multiphase flow meters to Total’s Rosa Project in Angola. The contract was awarded by FMC Kongsberg, a subsidiary of FMC Technologies. Roxar’s meters provide continuous multiphase monitoring of the oil well stream. The Rosa field is located 135 kilometers off the Angola coast in water depths ranging from 4,200 to 4,900 feet (1,300 to 1,500 meters).
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