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Emerson expands into upstream oil and gas automation

08 June 2009

Emerson Process Management announced it has acquired the Norwegian company Roxar ASA. The acquisition, says Emerson, "creates the world’s first integrated automation solutions company whose products span from subsea oil and gas reservoirs, to platform and floating production, to transmission, and ultimately through refining and production of goods."

Emerson’s Roxar RMS2009 Reservoir Modelling Software uses real-time data to support analysis and better drilling decisions
Emerson’s Roxar RMS2009 Reservoir Modelling Software uses real-time data to support analysis and better drilling decisions

As Roxar becomes a part of Emerson Process Management, it will add subsea reservoir management and production optimisation for E&P (exploration and production) customers.

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Right: RMS2009 Reservoir Modelling Software uses real-time data to support analysis and to provide drilling decisions.
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The company is headquartered in Stavanger, Norway, and has annual revenue of 150 million Euros (US$200 million).

Roxar has 28 offices in 19 countries with a network of wholly owned offices in Europe, the Americas, Africa, Commonwealth of Independent States (CIS), Asia Pacific and the Middle East.

The international customer base includes all of the multinationals, major independents and the majority of national oil companies.

‘This acquisition is strategic to extending our solutions to help E&P owners meet the automation challenges of offshore subsea,’ commented Steve Sonnenberg, president of Emerson Process Management. ‘Roxar’s knowledge, technology and services combine perfectly to expand Emerson’s solutions.’

He says his company’s PlantWeb® control system is already at use in offshore platforms and on-shore facilities.

Roxar’s products and software systems add sub-sea capabilities, including smart downhole networks to support E&P owner’s growing need for real-time reservoir production optimisation and flow assurance.

‘Roxar is the upstream industry’s largest provider of subsea instrumentation—a complement to Emerson’s instrumentation and valves that power the PlantWeb architecture,’ added Mr. Sonnenberg.

SUPERCHARGED UNION

Gunnar Hviding, CEO and President of Roxar, says he’s happy to join Emerson.

‘We are excited to bring together our common drive for innovation, complementary products, and customer solutions. Our mission, now supercharged by this union, continues to be one of effectively solving E&P owner’s reservoir management problems and helping them maximise production.’

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Above: Permanent Downhole Monitoring System (PDMS) provides real-time data to improve reservoir management, well planning and resource exploitation
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Roxar solutions, he explains, are based on knowledge of reservoir flow dynamics by the company’s staff of geoscientists, engineers, software developers and computer scientists.

The solutions combine real-time data from the company’s multiphase flow instruments, with predictive models from its software to help operators monitor production continuously, observe and control oil and gas fields from remote locations, process large volumes of vital reservoir data quickly, and use the most up-to-date field information when making operational decisions.




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