Expro Snags Service Contract from StatoilHydro
International oilfield service company Expro has been awarded a well testing services and production clean-up contract from StatoilHydro ASA. The two and a half -year contract is considered to be one of the largest contract structures for these services worldwide.
This is the third consecutive time that Expro has secured this contract structure which will fully execute the company’s capabilities, including drill stem testing, surface well testing, memory gauges, subsea equipment and tubing supplies. It will involve exploration work in Norway plus production clean-ups in the North Sea, as well as production clean-ups in the Norwegian Sea and, potentially, in the Barents Sea.
The contract gives Expro a firm foundation to expand its service offering and enhance its staffing levels in the region. The initial contract is expected to be completed in December 2010 and, if options are secured, the contract will run until the end of 2014.
Expro’s Chief Operating Officer Gavin Prise said, "We have enjoyed an excellent working relationship with StatoilHydro for many years and are delighted to have secured this significant contract for a third time. This is an excellent result for the Expro team who have consistently proved their position as the leading well test company in Norway.
"This contract gives us stability and a firm foundation to build the organisation and strengthen our team. We look forward to working with StatoilHydro again to provide well test services for Norwegian operations and beyond."
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Company: StatoilHydro more info
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