Expro's OTC Presence Marks Year of Achievement

Expro

This year's OTC will mark the culmination of Expro's most successful year to date.

OTC 2007 saw Expro unveil its new global brand identity and single, unifying mission -- Well Flow Management -- which summarizes Expro's focus on providing services and products to measure, improve, control and process flow from high-value oil and gas wells.

In the 12 months since then, Expro has achieved world-first operations with its deepwater technology, received industry awards for safety and innovation, and reaffirmed its position as a leading international oilfield service company.

Chief Executive Officer Graeme Coutts said there is plenty to celebrate at OTC. He said: "It's been a hugely significant year for Expro. We have invested in a highly focused strategy to position the business as a major provider of key technologies to oil and gas markets which are both appreciative and growing. The strengths of our core businesses are there for all to see."

A range of Expro's market-leading deepwater technology will be on show at OTC - evidence of the company's commitment to technological innovation to access previously 'beyond limits' reserves. In the last year, Expro set a new deepwater record for North African exploration well testing on the NEMED prospect in over 7,500 feet of water. In the Gulf of Mexico, it successfully installed and commissioned 16 deepwater wells, deploying the industry's first high pressure electro-hydraulic deepwater safety system on Chevron's flagship Tahiti / Blind Faith projects where, in all, nine new deepwater wells were completed from two separate high specification semi-submersible drilling rigs.

Expro's Tronic fibre-optic subsea connectors completed an operational first in the King field in the Gulf of Mexico, while the company achieved another world first with the successful application of its Cableless Telemetry System in a challenging offshore platform well in the UK North Sea.

Expro also reaffirmed its commitment to delivering world-class performance in safety, service quality and customer care through the implementation of a three-year Excellence in Operations program. Last October, Expro completed a major milestone in the program with the accomplishment of five million man hours without a lost time incident (LTI) across its worldwide operations. Expro's outstanding safety record was again recognized by the Royal Society for the Prevention of Accidents (RoSPA) which awarded the company the oil and gas sector award for the second year in succession.

Expro won the coveted 'Subsea Company of the Year' award from Subsea UK, in recognition of excellence and achievement in the subsea industry, its national and international reputation, and its commitment to safety and the environment, technical excellence and staff development and training.

It was also awarded an OTC Spotlight on New Technology award for its ViewMax Sideview Camera, the company's latest innovation in downhole video technology.

Mr Coutts said: "The achievements of the past year are down to the hard work and dedication of our people, who are committed to providing outstanding service, performance and innovation. We are determined to build on these achievements as we continue to progress Expro's clear strategy for growth beyond the cycle."


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