Expro completes $210m buyout of Aberdeen’s Coretrax
Energy services firm Expro (NYSE: XPRO) has completed its $210m deal to buy Aberdeenshire drilling tech company Coretrax.
Coretrax
Expro strikes $210m deal to buy Aberdeenshire’s Coretrax
Energy services firm Expro (NYSE: XPRO) has struck a $210m deal to buy Aberdeenshire-headquartered drilling tech company Coretrax.
Aberdeenshire firm Coretrax gets year off to flying start
Five new contracts and plans to grow its headcount by nearly one-third follow 'record-breaking' 2023.
Coretrax secures multi-year contract to boost production for Middle East operator
Aberdeenshire oil field equipment supplier Coretrax has secured a multi-year contract with a Middle East operator to deliver production enhancement across a multi-well campaign.
How brownfield regeneration can fuel sustainable production
While flaring and electrification are well documented, brownfield optimisation is rarely discussed as a key driver of emissions reduction.
North-east company Coretrax to create 50 new jobs
Coretrax has pressed the button for further international expansion.
Coretrax moves into new north-east HQ as part of global expansion strategy
Oilfield technology firm Coretrax has moved into new headquarters just outside Aberdeen in order to accommodate growth.
Trio of oil and gas players unite to launch new ‘Coretrax’
Three oil and gas technology firms have joined forces to offer the global oil and gas industry an integrated approach to well maintenance.
Coretrax speeds up expansion drive with Churchill acquisition
Oilfield service firm Coretrax has accelerated its expansion drive with the acquisition of Churchill Drilling Tools, of Aberdeen.
Aberdeen-based Coretrax in merger with US firm
Aberdeen-headquartered oilfield services firm Coretrax has announced a merger with a company in the US.
Private-equity firm takes Coretrax majority shareholding
A private-equity firm will become the majority shareholder in Coretrax after investing in the Aberdeen-headquartered oilfield service business.
Coretrax reports 40% growth in Middle East
Aberdeen-based oilfield services firm Coretrax has reported a 40% surge in its Middle Eastern business since the start of the year.
Coretrax saves North Sea operator £500,000 in well abandonment campaign
Aberdeen-headquartered Coretrax has announced it has saved a North Sea operator more than £500,000 on a well abandonment campaign.
Well firm optimistic after £5m turnover
An Aberdeen-based well clean-up firm is gearing up for further growth after a successful half-year trading with more than £5 million of turnover recorded so far.
Coretrax makes £1million investment to break into Malaysian market
Aberdeen-based oil field service firm Coretrax has announced a £1million investment to break into the South East Asian market.
Coretrax bags North Sea contract with Maersk
Engineering services company Coretrax has been awarded a three-year, multimillion-pound contract with Maersk Oil.
Coretrax celebrates a North Sea milestone
An Aberdeen firm which makes tools for well-bore cleaning and well abandonment has announced a milestone for its CX-2 bridge plug.
Coretrax to create dozens of jobs at new Saudi base
An Aberdeen firm which makes tools for well-bore cleaning and well abandonment plans to create dozens of jobs in the Middle East after moving into a new office.
Coretrax opens fifth Middle East base in four years
Aberdeen-based oilfield service firm Coretrax has taken another step in its Middle East expansion plans with the launch a fifth base in the region in four years. Coretrax said it made the move to help satisfy increasing demand for its wide range of downhole tools and services. The firm said it had retained all of its clients since it entered the Middle East market in 2011.