Leading international oilfield service company Expro announced that it has secured more than 10 new contracts and contract extensions for work in the Europe CIS region for 2010/2011.
More than US$60million of new well testing and wireline business has been secured in the region with companies including RWE, Premier Oil, E.ON Rhurgas, Apache, BG Group and Maersk-Oil, the company said in a statement.
Expro is experiencing a period of significant activity in the North Sea and Continental Europe, the statement said. New contract wins across the region will utilise a range of Expro’s market-leading services and products, including well testing and specialist data acquisition services and wireline intervention services.
Expro’s Europe CIS region director Ian Robb said: “We are extremely encouraged by the upturn in the market and are delighted to have secured so many important new contracts and extensions in the region. This is testament to our ability to deliver to the needs of our customers by offering the solutions and service standards they demand.”
In August, Expro announced over $40 million worth of new contract wins and extensions to its activities across the Middle East and North Africa region.
Operational activity in Saudi Arabia also continues at elevated levels and is expected to remain so with plans to increase the number of wells to be drilled in 2010. Expro has already seen a $12million extension to its existing contract in the Kingdom for well testing. Further extensions have also been awarded in Egypt, as well as a number of new well testing contracts.
