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Roxar (Oslo Børs: ROX) has today received an LOI for subsea multiphase meters on a West African project worth MNOK 10.1.

The full contract is expected to be worth MNOK 67.8. Delivery will take place in the period of March 2009 to September 2009. This is one of several subsea contracts expected to be closed by Roxar in the time to come.