Welcome to our dedicated page for Expro Group Holdings Nv news (Ticker: XPRO), a resource for investors and traders seeking the latest updates and insights on Expro Group Holdings Nv stock.
Expro Group Holdings N.V. (symbol: XPRO) is a global leader in well flow management, dedicated to providing essential services and products that measure, improve, control, and process flow from high-value oil and gas wells. With a primary focus on the offshore, deepwater, and other technically challenging environments, Expro delivers mission-critical services across three key areas:
- Well Test & Appraisal Services: Offering comprehensive solutions for well testing and evaluation to ensure optimal well performance.
- Subsea, Completion & Intervention Services: Specializing in subsea well access, completion, and intervention to enhance well integrity and productivity.
- Production Services: Providing end-to-end production optimization services for both onshore and offshore applications.
Expro’s operations span the globe, delivering advanced offshore production solutions, a capability significantly enhanced by the 2021 merger with Frank's International. The company serves a diverse range of markets, with international and offshore segments constituting approximately 80% and 70% of their annual revenue, respectively.
Beyond well flow management, Expro supports well construction, well intervention, and subsea well access, effectively covering the entire well life cycle. Their innovative approach and technical expertise make them a preferred partner in the oil and gas industry, consistently delivering high-quality services and ensuring optimal well performance.
For more information, please visit: www.exprogroup.com/about-us
Expro (NYSE: XPRO), a leader in energy services, proudly announces the completion of its 100th global SeaCure® job. This milestone was achieved as part of a five-well subsea batch campaign in Australia, showcasing Expro's advanced cementing technology originally developed by DeltaTek.
The SeaCure® system, utilizing a unique inner string technique, ensures reliable primary cementation of conductors and reduces risks associated with cement slurry placement. Expro's commitment to innovation and exceptional service is further emphasized by this accomplishment.
Alistair Geddes, Chief Operating Officer, highlighted the importance of effective cementation, the success of the SeaCure® system, and Expro's dedication to providing cutting-edge solutions to clients worldwide. The acquisition of DeltaTek in 2023 has expanded Expro's capabilities in well construction cementing.
Expro employs around 8,000 staff across 60 countries, offering comprehensive well lifecycle services and innovative energy solutions.
Expro (NYSE: XPRO), a top energy services provider, announced the acquisition of Coretrax, an Aberdeen-based technology leader in drilling tools and wellbore solutions.
The acquisition, finalized on May 1, 2024, involves $75 million in cash and 6.75 million newly issued Expro shares.
Michael Jardon, Expro CEO, highlighted the potential for growth in Europe, Sub-Saharan Africa, the Middle East, North America, Latin America, and Asia-Pacific due to this acquisition.
This merger aims to enhance Expro’s Well Construction and Well Intervention & Integrity solutions, leveraging Coretrax's innovative technology and customer base.
FAQ
What is the current stock price of Expro Group Holdings Nv (XPRO)?
What is the market cap of Expro Group Holdings Nv (XPRO)?
What does Expro Group Holdings N.V. specialize in?
What are the main areas of service provided by Expro?
Where does Expro operate?
What was a significant recent development for Expro?
What percentage of Expro's revenue comes from international and offshore markets?
What is Expro's mission?
What does Expro offer for well construction?
How does Expro support well intervention and integrity?
What is the focus of Expro's production services?
Where can I find more information about Expro Group Holdings N.V.?
