Expro International Group PLC has been awarded contracts totaling £46 million. The awards are geographically spread throughout both its Global and Regional Businesses.
In the Global Businesses, where Expro has strong technical positions, £20 million of new business was
secured in the subsea safety tools segment with BHP and Shell in the Gulf of Mexico and from
increased scope of work on the previously announced ground breaking deepwater Tahiti project for
Chevron. Contracts with Woodside for the provision of the GOLD onsite fluids analysis system and a
small Early Production Facility (EPF) in Indonesia are valued at £6 million.
The Regional Businesses, where Expro provides product and service on a call-off basis from its
comprehensive global infrastructure, also recorded wins of £20 million from contracts with Repsol, BP,
Total and First Calgary in Algeria, as well as Woodside in Mauritania and Libya and British Gas in
Tunisia. These contracts were mainly for the provision of well testing and data acquisition.
The total of these awards has helped Expro achieve record levels of order backlog, which now stands
at £419 million across the Group. Conversion of the backlog to revenue varies from contract to
contract, with some phased out over 3-5 years improving the visibility of future revenue streams.
Commenting on today's announcement, Group CEO Graeme Coutts said: "Expro places a great
deal of emphasis on customer care in carrying out our strategy. This has enabled the Group to be well
positioned to assist our clients as market conditions have steadily improved. The level of our order
backlog confirms the strength of our approach, and indeed the equally positive level of customer
enquiries continues to support our view that the market for late cycle upstream services has not yet