On May 5, the company said that it has acquired Roxar ASA (www.roxar.com), an international technology solutions provider to the upstream oil and gas industry, based in Stavanger, Norway. That was followed on May 14 with the announced acquisition of the online wet chemistry analyzers product line of Hawthorne, N.Y.-based SI Industrial Instruments Inc. (www.scientificinstrumentsny.com, doing business as Scientific Instruments) for use in the power and water treatment markets. Terms of the two deals were not disclosed.
The Roxar acquistion creates the world’s first integrated automation solutions company whose products span from subsea oil and gas reservoirs, to platform and floating production, to transmission, and ultimately through refining and production of goods, Emerson said. Becoming part of Emerson Process Management, Roxar adds subsea reservoir management and production optimization for global upstream exploration and production (E&P) customers.
Roxar has annual revenue of US$200 million. It has 28 offices in 19 countries with a network of wholly owned offices in Europe, the Americas, Africa, the Commonwealth of Independent States (CIS), Asia Pacific and the Middle East. Roxar’s international customer base includes all of the multinationals, major independents and the majority of national oil companies.
“This acquisition is strategic to extending our solutions to help E&P owners meet the automation challenges of offshore subsea,” said Steve Sonnenberg, president of Emerson Process Management. “Roxar’s knowledge, technology and services combine perfectly to expand Emerson’s solutions.”
Emerson Process Management’s PlantWeb digital architecture uses intelligent digital networks to create smart platforms, floating production storage and offloading (FPSO) and on-shore facilities. Roxar’s products and software systems add major subsea capabilities, including smart downhole networks to support E&P owners’ growing need for real-time reservoir.
Roxar solutions are based on knowledge of reservoir flow dynamics by the company’s staff of geoscientists, engineers, software developers and computer scientists. The solutions combine real-time data from the company’s multiphase flow instruments, with predictive models from its software to help operators monitor production continuously, observe and control oil and gas fields from remote locations, process large volumes of vital reservoir data quickly and use the most up-to-date field information when making operational decisions.
As Emerson does for topside and on-shore process management, Roxar experts provide consultancy services for entire reservoir management, including topside, subsea and downhole. Roxar solutions allow reservoir operators to make reservoir management and flow assurance decisions with the maximum amount of information.
The Scientific Instruments product line also becomes part of Emerson Process Management, expanding its Rosemount Analytical solutions with reliable, low-maintenance measuring systems used extensively in the power and steam generation industry, Emerson said.
“This acquisition strengthens our offering of solutions for the power market, in particular for sample water analysis systems,” said Ken Biele, president of the Rosemount Analytical division of Emerson. “In addition, it provides increased capabilities in our drinking and waste water product offering.”
The Scientific Instruments product line includes silica, sodium, phosphate and hydrazine monitors that are used worldwide to control and safeguard critical plant processes, providing assurance to operators and management that the processes are operating efficiently. All monitors measure up to six streams per analyzer.
This offering complements and expands Rosemount Analytical’s offering of pH, conductivity and chlorine sensors to the power and water industries, Emerson said. The acquisition includes the industry proven Models CFA180 and recently introduced Model CFA185.
The Roxar and Scientific Instruments deals follow Emerson’s April 6 announcement of the acquisition of epro GmbH (www.epro.de), Gronau, Germany, a provider of machinery monitoring technology.
Emerson Process Management
SI Industrial Instruments Inc.