Roxar Launches Third Generation Multiphase Meter

Roxar MPFM 2600 and Zector Technology to Characterise Flow Dynamics with Greater Accuracy and Detail for Oil & Gas Operators

Roxar ASA (Oslo Børs: ROX), a technology solutions provider to the upstream oil and gas industry, today announced the launch of its third generation multiphase meter – the Roxar Multiphase meter 2600 based on its new Zector Technology.

The Roxar MPFM 2600 is the third generation multiphase meter and comes with new measurement principles. The meter’s Zector Technology consists of new field electronics, new electrode arrangements and sophisticated voxel-based signal processing, which will provide higher accuracy than was previously available.

Said Roxar CEO, Gunnar Hviding:

“With 25 years of innovation and as the industrial inventor of multiphase metering, Roxar has shaped many of the key milestones in the evolution of multiphase metering. Today’s introduction of the MPFM 2600 and its Zector Technology is another such milestone.”

He continues:

“According to Rystad Energy Global, 12% of global oil & gas production is facilitated by Roxar multiphase meters. We expect the MPFM 2600 and its innovative Zector technology to play a crucial role in increasing this percentage over the coming years.”

Please visit http://www.roxar.com/news for the complete press release.

For further information, please contact:

Hege Forus, Investor Relations Manager Roxar
Tel: +47 99 24 11 09
Email: hege.forus@roxar.com