Emerson expands E&P software capabilities with acquisition

Emerson has completed the purchase of Paradigm.

Offshore staff

ST. LOUIS, MissouriEmerson has completed the purchase of Paradigm, a software solutions provider to the oil and gas industry.

The combination of Paradigm withEmerson’s Roxar software business creates a comprehensive exploration and production software portfolio offering.

Emerson Chairman and CEO David N. Farr said: “Emerson is positioned to meet customers’ demand for an independent, global provider of comprehensive E&P software solutions.

“Paradigm and Roxar together can better help customers achieve top quartile performance by increasing efficiency, reducing costs and improving their return on investment within new and established reservoirs.”

12/04/2017

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