EXPRO WINS CONTRACT TO SUPPORT PLUG AND ABANDONMENT CAMPAIGN

Expro (NYSE: XPRO) has been awarded a contract valued at over $10 million for the provision of a well decommissioning solution. The solution combines subsea safety systems and surface processing design to enable both safe entry to the well and effective management of well fluids.

From its global support hub in Aberdeen, Expro will provide a surface fluid management package and its market-leading 7-3/8” large-bore subsea test tree assembly (SSTTA) with surface tree and controls, providing dual barrier and disconnect capability to facilitate re-entry into the subsea wells.

Expro has supplied subsea safety systems and well test equipment to this client for almost 15 years and was involved in the construction of many of the 52 wells now being plugged and abandoned (P&A’d). This demonstrates Expro’s ability to provide technical solutions across the entire well lifecycle.

With an unrivalled portfolio of standard and bespoke subsea solutions, Expro offers subsea well access systems that interface with any Christmas tree type and can operate in open water or within a drilling riser with blow-out preventer. Expro’s surface well test systems equally provide industry-leading solutions that can be configured to specific well conditions and customer requirements.

Iain Farley, Expro’s Regional Vice President for Europe and Sub-Saharan Africa said: “Having been involved in the development phase for many of these fields, we have gained a life of well experience that will be invaluable for this P&A campaign. Our expertise and know how will help deliver key technical and commercial benefits for the client across the project.

“The contract reinforces our reputation as the leading provider of subsea safety systems and surface well test equipment, including within the P&A sector. It demonstrates our commitment to delivering best-in-class equipment, allied with the highest standards of safety and service quality that Expro is renowned for.”