please help improve it or discuss these issues on the talk page . learn how and when to remove these template messages this article relies too much on references to primary sources . please improve this by adding secondary or tertiary sources . july 2009 learn how and when to remove this template message this article contains content that is written like an advertisement . please help improve it by removing promotional content and inappropriate external links and by adding encyclopedic content written from a neutral point of view . july 2009 learn how and when to remove this template message learn how and when to remove this template message roxar as type private industry oil & gas founded 1984 headquarters stavanger norway area served global key people steve grundmeier president parent emerson electric website http www.roxar.com roxar as is an international provider of products and associated services for reservoir management and production optimisation in the upstream oil and gas industry . roxar is headquartered in stavanger norway and operates in 19 countries with around 900 employees . roxar offers software for reservoir interpretation modelling and simulation as well as instrumentation for well planning monitoring metering and production optimisation . roxar was acquired by emerson electric company in april 2009 and is now part of the emerson process management group . roxar has two main divisions ; software solutions and flow measurement . roxar flow measurement develops real time flow measurement and instrumentation of wells and data acquisition systems . from high temperature reservoir monitoring to multiphase flow metering sand erosion sensors oil in water monitoring and corrosion detection the technology helps operators make reservoir management and flow assurance decisions . roxar software solutions develops and supplies software for 3d modelling analysis and integrated simulation of oil reservoirs . flagship software products include roxar s reservoir modelling suite roxar rms and its roxar tempest reservoir simulation history matching and uncertainty estimation software . contents 1 history 2 management 3 see also 4 external links 5 references history edit roxar was formed in 1999 as a result of a merger between multi fluid asa and smedvig technologies as . 1984 smedvig international petroleum research group as ipr is established . the company develops technical solutions within drilling and production . 1987 smedvig ipr establishes permanent downhole monitoring systems pdms in a 50 50 joint venture with lasalle pressure data services ltd. smedvig ipr services as is established . 1991 smedvig ipr becomes the sole owner of the pdms business . smedvig ipr as buys 30 percent of the shares in ipac as a software company specialising in advanced software for stochastic modelling of reservoirs . 1991 first corrocean subsea sensor is installed on the norwegian continental shelf 1992 multi fluid launches the mfi watercut meter . smedvig ipr as participates in the formation of petec as a reservoir consulting company . 1993 petec as participates in the formation of odin as a software company specialising in advanced software for stochastic modelling of reservoirs . smedvig ipr as merges with smedvig ipr services as and becomes smedvig technology as . 1994 smedvig technology as acquires the remaining shares in ipac as and acquires ptl t nsberg as an electronics company specialised in integrated hybrid circuitry . 1995 smedvig technology as acquires 100 percent of the shares in petec as and geomatic as a company specialising in the 3d reservoir modelling software irap rms . smedvig offshore acquires prodrill ltd a drilling consultancy business in the uk and the management of this company is taken over by smedvig technology as . 1996 smedvig technology as acquires 49 percent of the shares in onics a reservoir consulting company in moscow . smedvig technology as acquires 100 percent of the shares in odin as . 1997 smedvig technology as becomes smedvig technologies holding as with full ownership of geomatic as former petec geomatic and ipac . multi fluid is listed on the oslo stock exchange . 1998 smedvig technologies holding as and multi fluid asa launch a co operation to develop a downhole water cut meter . multi fluid introduces the first subsea multiphase meter . 1999 smedvig technologies holding as merges with multi fluid asa and becomes roxar asa a public company quoted on the oslo stock exchange specialising in reservoir modelling software pdms and multiphase metering . 2001 roxar asa acquires fluenta as a company specialising in multiphase meters flare gas meters and sand monitoring . 2003 the two major investors in roxar asa lime rock partners lp of the us and smedvig as of norway acquire control of roxar asa and the company is delisted . 2004 roxar as establishes a branch office in moscow and acquires full ownership of onics in russia . 2006 arcapita a private equity firm completes acquisition of roxar . roxar acquires energyscitech a uk based independent consultancy and software development company . 2007 corrocean acquires oil service company mareco as and adds complementary products for chemical and meg methanol injection to its subsea portfolio . 2007 roxar is acquired by corrocean asa est. 1979 and following the merger the company is listed at the oslo stock exchange as roxar asa . 2009 roxar is acquired by emerson st. louis usa and becomes part of a usd 28 billion company management edit steve grundmeier roxar president alesia thomas vice president finance kjetil fagervik md roxar software solutions elin steinsland director hardware engr & dev ole dahl director quality health & safety eivind dykesteen director intellectual property terje svendsen managing director business systems dimitry bolotnik general manager cis see also edit schlumberger halliburton emerson electric company fmc cameron international corporation external links edit roxar main website sand & erosion well applications flow metering mechanical & process equipment reservoir management software references edit emerson process management article reducing uncertainty in reservoir management zeus technology magazine january 2009 article challenges in maximising production oil & gas technology september 2010 press release emerson acquires roxar press release roxar launches rms 2010.1 press release roxar launches subsea chemical injection valve retrieved from https en.wikipedia.org w index.php title roxar as & oldid 679262182 categories companies of norwaycompanies formerly listed on the oslo stock exchangehidden categories articles lacking reliable references from july 2009all articles lacking reliable referencesarticles with a promotional tone from july 2009all articles with a promotional tone navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main 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