UK: European Demand for Expro*s Subsea Safety Systems
Leading international oilfield service company Expro announces today that it has secured 10 subsea contracts in its Europe CIS region for work in 2010 and 2011.
More than $10million worth of new subsea business has been secured in the central North Sea and Norway with companies including Premier Oil and BP North Sea.
Expro’s market-leading subsea safety systems provide reliable and efficient in-riser landing strings for well interventions and completions. Expro is already well established in the deepwater regions of the world, including Africa, Gulf of Mexico and Brazil, with its superior technology and expertise in greater demand as development progresses in the world’s deepwater provinces.
Expro’s subsea director, Colin Mackenzie, said: “We have seen strengthening demand for our subsea safety systems across all our operating regions. The European region is often the first to take advantage of the industry upturn with the focus on smaller fast track subsea projects.