Expro has won a $200million contract from Statoil to provide well testing and fluid sampling services in the Norwegian Continental Shelf (NCS).
The agreement which started this month, will last an initial four years, with options to extend for a further six years.
It will include the provision of downhole tools, gauges, tubing, surface well testing, rig cooling and subsea services.
Mike Jardon, chief operating officer, said: “We are absolutely delighted to continue our long-standing relationship with Statoil, a cornerstone operator in the Norwegian Continental Shelf, providing long-term activity over the coming years.
“This contract award is an important achievement for Expro. We have proven our position as the leading well flow management company in Norway, with a firm focus on delivering safe, high quality services to our customers.
“We look forward to strengthening our relationship with Statoil, whilst growing the business through our investment in new facilities, equipment and highly skilled employees.”
Expro also has a new $10million base which is due to open in Tananger in Norway this summer.
The 19,000 sqm facility consolidates Expro’s three current locations in Stavanger, and is complemented by existing offices in Bergen and Haugesund.
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