International oilfield service company Expro Group (“Expro”) has formed an exclusive alliance with global vessel provider FTAI Ocean LLC (“FTAI Ocean”), a subsidiary of Fortress Transportation and Infrastructure Investors LLC (NYSE:FTAI), for the supply of the DP3 M/V Pride well intervention vessel to provide full light well intervention (“LWI”) services to the subsea oil and gas sector.
Expro Group, a privately-held international energy services company with market leadership in well access and well flow optimization, and Frank’s International (NYSE: FI), a global oil services company that provides a broad range of highly engineered drilling and completions solutions and services, today announced a definitive agreement under which the companies will combine in an all-stock transaction
Expro Group Australia Pty Ltd, a subsidiary of Expro International Group Holdings Ltd, has secured a major contract for its innovative subsea riserless well intervention (RWI) solution, supporting Chevron Australia.
International oilfield services company Expro has announced its financial results for the year ended December 31, 2019. This includes revenue of $810 million, up 9.7%, and adjusted EBITDA of $113 million, up 9.6%, compared to the year ending December 31, 2018.
International oilfield services company Expro has been awarded the Scotland Trophy at the RoSPA (Royal Society for the Prevention of Accidents) Health and Safety Awards, and has been recognised with an Order of Distinction for 16 consecutive gold awards.
International oilfield services company Expro has secured a contract extension to supply well test and subsea services for INPEX-operated, Ichthys LNG.The contract will see Expro continue to supply a high rate 175 MMscf/day well testing package, which will include enhanced electronic emergency shut down (ESD) systems.
Expro has been awarded a contract by Pacific Drilling LLC’s subsidiary, Pacific Santa Ana, Ltd, for the provision of an Intervention Riser System (IRS) for PETRONAS’s Chinguetti Field Phase II plug and abandonment (P&A) contract, offshore Mauritania.