Roxar Gets Downhole Contract on Norwegian Continental Shelf

Roxar received an order worth an estimated value of NOK 70-100 million to supply downhole equipment to the Norwegian Continental Shelf.

The two-year contract allows the customer the right to an extension for three two-year periods. The deal confirms Roxar's strong position as a leading provider of permanent downhole equipment on the Norwegian Continental Shelf.

The Roxar downhole pressure and temperature gauge, which transmits digitized pressure and temperature data to the surface, is one of the world's leading instruments for permanent pressure and temperature measurements recorded in oil and gas reservoirs. It is a key component of the Roxar Permanent Downhole Monitoring Systems.