Expro 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 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.
"We are continuing to invest in this core business, which will ensure we maintain our position as market leader in subsea landing strings. Our latest generation of Expro Landing String Assembly (ELSA) valves and Express control systems provide our customers with the highest levels of well integrity when commissioning subsea wells."
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