Roxar will supply its subsea Wetgas meters to Cameron's Subsea Systems division

Stavanger, Norway -- Roxar will supply its subsea Wetgas meters to Cameron's Subsea Systems division. Cameron will install one Roxar subsea Wetgas meter per well on the Rosetta gas field, offshore Egypt. The joint venture, Rashid Petroleum Company (Rashpetco) and BG Group, has developed and operated the Rosetta field.

This deal follows the successful 2004 and 2005 installations of 15 Roxar subsea Wetgas meters in the neighboring Simian/Sienna and Sapphire fields, and four Roxar topside Wetgas meters in the Rosetta field.

The Roxar subsea Wetgas meter is the latest in wet gas metering technology, providing real-time, accurate measurement of hydrocarbon flow rates and water production as well as online detection of formation water breakthrough.

The ability to measure water in very small amounts from this meter is an important input parameter for controlling hydrates, corrosion and scale in a subsea production system. The formation water detection meter functionality, enabling the operator to initiate preventive measures to avoid loss of all production from the particular well in question, was an important factor in the selection of the Roxar subsea Wetgas meter.

11/22/06