Scandoil  

Expro announces $2billion order book celebrating the end of its 40th year


Published May 6, 2014
Expro OTC Release

Expro continues to build on its exceptional financial performance by announcing a $2 billion order book for the first time.

This milestone was achieved at the end of Expro’s 40th anniversary year, thanks to a number of contract wins, including almost $500million in the last quarter alone.

Expro attributes this success due to its market-leading position in deep water well testing and subsea landing string services, the re-emergence of its production systems business and the strengthening of its position in the Gulf of Mexico and Middle East. This is combined with important contributions across its six global regions.

The company’s North America order book increased significantly with a number of key large bore subsea completion landing string and offshore well testing contracts for major international and smaller independent companies. As a result of these wins, Expro is making some strategic investments in the North America market, which includes a $2.5million expansion of its operational facility in Broussard, Louisiana.

Tags: Expro, OTC 2014




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml