The Louisiana Gulf Coast Oil Exposition (LAGCOE) is under new leadership.
MonoBlock compressors use one bank of a V8 engine for power and the other bank to compress air.
The agreement covers the rejuvenation and upgrade of the existing LNG Plant at Marsa Al-Brega on the Libyan coast.
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Terminal will be located 50 miles offshore of Dauphin Island, Alabama.
The transaction is expected to close in the third quarter of this year.
The contract follows other recent deals in the Middle East to purchase Roxar's products.
New cavern is expected to be in service by the summer of 2007.