Home

Articles from Expro

Expro Wins Contract to Support Plug and Abandonment Campaign
Energy services provider Expro (NYSEXPRO) 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.
By Expro · Via Business Wire · December 16, 2024
Expro Partners With Petrobras for Development of New Flowmeter Technology
Expro (NYSEXPRO), a leading provider of energy services, has signed a technology agreement (ETEC) with Petrobras for the development of a new non-intrusive flowmeter.
By Expro · Via Business Wire · December 12, 2024
Expro Group Holdings N.V. Announces Third Quarter 2024 Results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and nine months ended September 30, 2024.
By Expro · Via Business Wire · October 24, 2024
Expro Group Holdings N.V. Schedules Third Quarter 2024 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on October 24, 2024 to discuss results for the quarter ended September 30, 2024. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on October 24 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · October 10, 2024
Expro Group Holdings N.V. to Present at the Barclays CEO Energy-Power Conference
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) today announced that Michael Jardon, Chief Executive Officer, will present to members of the investment community at the Barclays CEO Energy-Power Conference 2024 at 12:40 p.m. ET on Wednesday, September 4, 2024.
By Expro · Via Business Wire · August 7, 2024
Expro Group Holdings N.V. Announces Second Quarter 2024 Results and Updates Full-Year Guidance
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and six months ended June 30, 2024.
By Expro · Via Business Wire · July 25, 2024
Expro Group Holdings N.V. Schedules Second Quarter 2024 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on July 25, 2024 to discuss results for the quarter ended June 30, 2024. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on July 25 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · July 11, 2024
Expro Celebrates Milestone Achievement With Completion of 100th Global SeaCure® Job
Expro (NYSEXPRO), a leading provider of energy services, has successfully completed its 100th job globally of its field-proven cementing technology, SeaCure®, marking a significant milestone.
By Expro · Via Business Wire · May 20, 2024
Expro Expands Presence and Product Offerings, Completes Acquisition of UK-Based Coretrax
Expro (NYSEXPRO), a leading provider of energy services, has completed its acquisition of Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity, and production optimization solutions based in Aberdeen, Scotland. The effective date of closing was May 1, 2024.
By Expro · Via Business Wire · May 15, 2024
CORRECTING and REPLACING Expro Group Holdings N.V. Announces First Quarter 2024 Results
Sixth paragraph, last sentence of the release should read: Second quarter revenue is expected to reflect approximately 3% year-on-year growth and sequential growth of 7%, with Adjusted EBITDA Margin in an expected range of 20% to 21%, or up 200 to 300 basis points year-on-year and sequentially in both cases based on the mid-point of second quarter guidance (instead of Second quarter revenue is expected to reflect approximately 20% year-on-year growth and sequential growth of 8%, with Adjusted EBITDA Margin in an expected range of 20% to 21%, or up 200 to 300 basis points year-on-year and sequentially in both cases based on the mid-point of second quarter guidance).
By Expro · Via Business Wire · April 25, 2024
Expro Group Holdings N.V. Schedules First Quarter 2024 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on April 25, 2024 to discuss results for the quarter ended March 31, 2024. The conference call is scheduled to begin at 9:00 a.m. Central Time (10:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on April 25 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · April 11, 2024
Expro Report Highlights Progress Unlocking Energy Answers of Tomorrow
Expro (NYSEXPRO), a leading provider of energy services, has published its latest sustainability report, highlighting the Company’s achievements in 2023 along with the progress it has made during that time working toward its near- and long-term environmental, social and governance (ESG) objectives.
By Expro · Via Business Wire · April 8, 2024
Expro Announces Fourth Quarter and Full Year 2023 Results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three months and year ended December 31, 2023.
By Expro · Via Business Wire · February 21, 2024
Expro to Enhance Well Construction and Well Intervention & Integrity Offerings With Acquisition of Aberdeen Scotland-based Coretrax
Expro (NYSEXPRO), a leading provider of energy services, today announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, from an investment group led by Buckthorn Partners.
By Expro · Via Business Wire · February 12, 2024
Expro Group Holdings N.V. Schedules Fourth Quarter and Full Year 2023 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on February 21, 2024 to discuss results for the fourth quarter and full year ended December 31, 2023. The conference call is scheduled to begin at 12:00 p.m. Central Time (1:00 p.m. Eastern Time). A press release regarding the results will be issued before the market opens on February 21 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · February 7, 2024
Expro Awarded Contract With INPEX for Carbon Capture Utilization and Storage Pilot Project
Energy services provider, Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”), has secured a new Carbon Capture Utilization and Storage (CCUS) contract with INPEX Corporation for the Kashiwazaki Clean Hydrogen/Ammonia project which is Japan’s first clean hydrogen production demonstration project.
By Expro · Via Business Wire · January 23, 2024
Expro Celebrates 40 Years of Subsea Success
Leading energy services provider Expro (NYSEXPRO) is celebrating 40 years of successfully leading the way in the subsea sector since the launch of its first subsea test tree system in the North Sea in 1983.
By Expro · Via Business Wire · January 3, 2024
Expro and Di Drill Survey Services Expand Strategic Partnership
Expro (NYSEXPRO), a leading energy services provider, has renewed and expanded a strategic partnership agreement with Di Drill Survey Services Inc., a leading provider of high-end HPHT logging, Gyro survey services, and magnetic ranging for complex abandonment services to the oil & gas and geothermal sectors, based in Bakersfield, California.
By Expro · Via Business Wire · December 12, 2023
Expro Group Holdings N.V. to Participate at the Goldman Sachs Energy, CleanTech and Utilities Conference
Expro Group Holdings N.V. (NYSEXPRO) today announced that Michael Jardon, Chief Executive Officer, will participate in a panel discussion at the Goldman Sachs Energy, CleanTech and Utilities Conference at 1:40 p.m. ET on Thursday, January 4, 2024. Mr. Jardon and Quinn Fanning, Chief Financial Officer, will also host investor meetings on Thursday, January 4, 2024 and Friday, January 5, 2024.
By Expro · Via Business Wire · December 8, 2023
Expro Named ‘Intervention Champion of the Year’ in Global Awards
Leading energy services provider Expro (NYSEXPRO) has been named Intervention Champion of The Year at the OWI Global Awards 2023. The company also won Energy Transition Pioneer of The Year for its commitment to sustainable energy solutions.
By Expro · Via Business Wire · November 27, 2023
Expro Leads the Largest Surface Well Testing Operation in Norway
Expro (NYSEXPRO) has been awarded a Corporate Frame Agreement to deliver well testing services for Equinor in the Norwegian Continental Shelf (NCS).
By Expro · Via Business Wire · November 22, 2023
Expro Completes Well Cementing Project in the Deepwater US Gulf of Mexico
Energy services provider Expro (NYSEXPRO) successfully completed a well cement placement project for a large international operator in the U.S. Gulf of Mexico, delivering an inner-string cementing on a subsea well's 22" surface casing in a water depth of approximately 2,000 meters in the Mississippi Canyon area. When integrated with Expro’s other well construction technologies, the company’s innovative Cure technology range, including SeaCure®, QuikCure®, and CoreCure®, offers a comprehensive package for ultimate cement placement and provides a complete “head-to-shoe” solution.
By Expro · Via Business Wire · November 7, 2023
Expro Group Holdings N.V. Announces Third Quarter 2023 Results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and nine months ended September 30, 2023.
By Expro · Via Business Wire · October 26, 2023
Expro Group Holdings N.V. Schedules Third Quarter 2023 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on October 26, 2023, to discuss results for the quarter ended September 30, 2023. The conference call is scheduled to begin at 12:00 p.m. Central Time (1:00 p.m. Eastern Time). A press release regarding the results will be issued before the market opens on October 26 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · October 6, 2023
Expro Completes Acquisition of PRT Offshore
Expro (NYSEXPRO), a leading provider of energy services, today announced it has completed its previously announced acquisition of offshore services provider PRT Offshore.
By Expro · Via Business Wire · October 3, 2023
Expro Provides Update on Vessel-Deployed Lightwell Intervention Business
Expro (NYSEXPRO) today reported that on September 19, offshore Australia, an incident occurred in which the wire failed on the main crane of the third party-owned vessel working with Expro while the crane was suspending the subsea module (SSM) of Expro’s vessel-deployed lightwell intervention (LWI) system. At the time of the failure, the SSM was suspended approximately 15 meters above the seabed. As a result of the wire failure, the SSM, associated umbilical lines, and the severed crane wire descended to the seabed. No personnel were injured during the incident. In addition, an initial ROV survey has confirmed that the equipment has come to rest at a safe location on the seabed.
By Expro · Via Business Wire · September 27, 2023
Expro to Enhance Subsea Well Access Offering With Acquisition of PRT Offshore
Expro (NYSEXPRO), a leading provider of energy services, today announced it had entered into a definitive agreement (subject to customary closing conditions and working capital adjustments) to acquire offshore services provider, PRT Offshore.
By Expro · Via Business Wire · August 28, 2023
Expro Group Holdings N.V. Announces Second Quarter 2023 Results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and six months ended June 30, 2023.
By Expro · Via Business Wire · July 27, 2023
CORRECTING and REPLACING Expro Group Holdings N.V. Schedules Second Quarter 2023 Earnings Release and Conference Call
First paragraph, first sentence of release dated July 13, 2023, the time of the conference call should be 12:00 p.m. Central Time, 1:00 p.m. Eastern Time (instead of 10:00 a.m. Central). The replay time should also be changed to 3:00 p.m. CT.
By Expro · Via Business Wire · July 19, 2023
Expro Announces First Contract for Advanced Subsea Technology
Energy services provider Expro (NYSEXPRO) has secured a contract with a major operator for the first deployment of its unique and industry-leading single shear and seal high-debris 15K ball valve assembly.
By Expro · Via Business Wire · July 5, 2023
Expro Wins Well Intervention and Integrity Contract for Major Project in Uganda
Energy services provider, Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”), has announced a five-year Well Intervention and Integrity contract with TotalEnergies EP Uganda for the multi-well Tilenga project.
By Expro · Via Business Wire · June 5, 2023
Expro Wins Work on Well Abandonment Campaign Offshore UK
Energy services provider Expro (NYSEXPRO) has secured a new contract with Harbour Energy for a well abandonment campaign as part of the decommissioning project for the Balmoral area, in the UK Continental Shelf.
By Expro · Via Business Wire · May 22, 2023
Expro Group Holdings N.V. Announces First Quarter 2023 results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three months ended March 31, 2023.
By Expro · Via Business Wire · May 4, 2023
Expro Group Holdings N.V. Schedules First Quarter 2023 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on May 4, 2023 to discuss results for the quarter ended March 31, 2023. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on May 4 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · April 20, 2023
Expro Releases ESG Report, Highlighting Progress Unlocking Energy Answers of Tomorrow
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro today announced the publication of its 2022 Environmental, Social and Governance (ESG) Report, which provides detail on Expro’s achievements in 2022 and progress toward its near- and long-term ESG objectives. The report can be viewed and downloaded on the Company's website https://www.expro.com/2022-sustainability-review.
By Expro · Via Business Wire · March 23, 2023
Expro Group Holdings N.V. Announces Fourth Quarter and Full Year 2022 Results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three months and year ended December 31, 2022.
By Expro · Via Business Wire · February 23, 2023
Expro Group Holdings N.V. Schedules Fourth Quarter 2022 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on February 23, 2023 to discuss results for the quarter ended December 31, 2022. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on February 23 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · February 9, 2023
Expro Enhances Well Construction Portfolio With Acquisition of DeltaTek Global
Energy services provider, Expro (NYSEXPRO), today announced the acquisition of well construction cementing specialists DeltaTek Global (“DeltaTek”).
By Expro · Via Business Wire · February 9, 2023
Expro Announces Pricing of Upsized Secondary Offering by Selling Shareholders
Energy services provider Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) announced today the pricing of an underwritten offering of 8,000,000 shares of its common stock currently owned by certain funds and accounts affiliated with Oak Hill Advisors (OHA) (the “Selling Shareholders”) at a price of $16.50 per share (before underwriting discounts and commissions). The offering was upsized from the previously announced offering of 7,250,000 shares of the Company’s common stock. The Selling Shareholders have granted the underwriters a 30-day option to purchase up to 1,200,000 additional shares of the Company’s common stock. Expro is not selling any shares and will not receive any proceeds from the sale of the shares in the offering. The offering is expected to close on January 18, 2023.
By Expro · Via Business Wire · January 12, 2023
Expro Announces Secondary Offering by Selling Shareholders
Energy services provider Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) announced today the commencement of an underwritten offering of 7,250,000 shares of its common stock currently owned by certain funds and accounts affiliated with Oak Hill Advisors (OHA) (the “Selling Shareholders”). The Selling Shareholders have granted the underwriters a 30-day option to purchase up to 1,087,500 additional shares of the Company’s common stock. Expro is not selling any shares and will not receive any proceeds from the sale of the shares in the offering.
By Expro · Via Business Wire · January 12, 2023
Expro Strengthens North Sea Position With Integrated Well Intervention and Integrity Contract for Apache
Energy services provider, Expro (NYSEXPRO), has announced a new $50 million contract with North Sea operator Apache Corporation on its Beryl and Forties assets.
By Expro · Via Business Wire · December 1, 2022
Expro Group Holdings N.V. Announces Third Quarter 2022 Results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and nine months ended September 30, 2022.
By Expro · Via Business Wire · November 3, 2022
Expro Group Holdings N.V. Schedules Third Quarter 2022 Earnings Release and Conference Call
Expro Group Holdings N.V. (NYSEXPRO) (“Expro” or the “Company”) will hold a conference call on November 3, 2022 to discuss results for the quarter ended September 30, 2022. The conference call is scheduled to begin at 10:00 a.m. Central Time (11:00 a.m. Eastern Time). A press release regarding the results will be issued before the market opens on November 3 and the press release, together with associated presentation slides, will be posted to the investor relations section of the Expro website in advance of the conference call.
By Expro · Via Business Wire · October 20, 2022
Expro Wins Best Health, Safety, Environment/Sustainable Development Offshore Award
Leading energy services provider Expro (NYSEXPRO) announced it won the Best Health, Safety, Environment/Sustainable Development Offshore award for its CENTRI-FI™ technology at the 2022 World Oil Awards in Houston.
By Expro · Via Business Wire · October 17, 2022
Expro Wins Funding for Carbon-reducing Technology Development
Expro (NYSEXPRO) has been awarded funding for two carbon-reduction projects as part of an innovation program to accelerate clean energy production and close the gap in net zero technologies.
By Expro · Via Business Wire · October 13, 2022
Expro Completes Subsea Decommissioning Project on Ireland’s First Indigenous Gas Wells
Leading energy services provider Expro (NYSEXPRO) has successfully completed the plug and abandonment (P&A) of Ireland’s first indigenous gas wells.
By Expro · Via Business Wire · September 30, 2022
New Expro Technology Estimated to Reduce Almost 150 Tons of CO2 Emissions From Rigs
Energy services provider Expro (NYSEXPRO) is leading industry efforts to meet environmental targets with the development of a digital technology that can help drilling contractors and operators cut an estimated 146 tons of CO2 emissions annually – the equivalent of 58 transatlantic flights.
By Expro · Via Business Wire · August 29, 2022
Expro Group Holdings N.V. to Present at the Barclays CEO Energy-Power Conference
Expro Group Holdings N.V. (NYSEXPRO) today announced that Michael Jardon, Chief Executive Officer, will present to members of the investment community at the Barclays CEO Energy-Power Conference 2022 at 9:10 a.m. ET on Thursday, September 8, 2022.
By Expro · Via Business Wire · August 24, 2022
Expro Group Holdings N.V. Announces Second Quarter 2022 Results
Expro Group Holdings N.V. (NYSEXPRO) (the “Company” or “Expro”) today reported financial and operational results for the three and six months ended June 30, 2022.
By Expro · Via Business Wire · August 4, 2022