Expro Strengthens Longstanding Partnership With Deployment of Solus™ Technology in the Gulf of America
Expro Strengthens Longstanding Partnership With Deployment of Solus™ Technology in the Gulf of America
The multi-million-dollar agreement builds on a collaboration spanning more than two decades.
HOUSTON--(BUSINESS WIRE)--Expro (NYSE: XPRO), a leading provider of energy services, has signed a new contract extension for up to five years, including the deployment of one of Expro’s latest technologies, with a global operator to continue delivering subsea completion and intervention services in the Gulf of America (GoA) - reinforcing a partnership that has spanned more than two decades.
Building on the success of recent projects this contract extension will include the deployment of Solus™, Expro’s Shear and Seal Valve. The valve is designed to provide an additional layer of safety and reliability during subsea operations, supporting well integrity in challenging offshore environments, and demonstrates Expro’s commitment to bring new technology to the market. This new agreement will run for up to five years.
Under the contract, Expro will provide Subsea Landing String Services, drawing on the Company’s subsea well access expertise from its North and Latin America (NLA) region. This system is designed to enable safe and efficient well intervention and completion activities, offering flexibility to meet the customer’s evolving operational needs.
Daniel More, Vice President Subsea Well Access of Expro said: “This contract represents the continued strength of our long-term relationship with the global operator and underlines their confidence in Expro’s subsea capabilities. We’re extremely proud of the success we’ve achieved together and look forward to supporting their ongoing projects in the Gulf of America with safe, reliable, and efficient subsea services.”
Notes to Editors
Working for clients across the well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what Expro considers to be best-in-class safety and service quality. Expro’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.
With roots dating to 1938, Expro has approximately 7,000 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in more than 60 countries.
For more information, please visit and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.
SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS
This press release, and oral statements made from time to time by representatives of the Company, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the success, safety and efficiency of the Company’s subsea services, and future growth, and are indicated by words or phrases such as "anticipate," "outlook," "estimate," "expect," "project," "believe," "envision," "goal," "target," "can," "will," and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond our control. The factors that could cause actual results, performance or achievements to materially differ include, among others the risk factors identified in the Company’s Annual Report on Form 10-K, Form 10-Q and Form 8-K reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, historical practice, or otherwise.
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