Expro Sets Up Shop in India
Leading international oilfield service company Expro today announces the official opening of its new service center in Kakinada, India.
The 2.5 acre base, which houses office, workshop and maintenance premises, means Expro can locally deliver well testing, subsea services and support to the growing regional market. The company also plans to offer its range of downhole camera systems, with drill stem testing and slickline services also being considered.
Expro's 20 India employees are currently working on two contracts for an oil operator. Expro currently offers deepwater subsea and well testing services and High Pressure High Temperature (HPHT) well testing services in India. The expected rise in regional demand for the company's products and services mean employee numbers are likely to rise by 30 in the next year, and the new facility has room for expansion.
As one of the world's key growing industrial nations, India's oil consumption has continued to be robust in recent years. As a growing net importer of oil, the Indian government has held several licensing rounds in an effort to promote exploration and production, opening up many opportunities for service companies, such as Expro.
Hemant Shah, Expro's India business manager, said, "Our investment in the new facility is a clear demonstration of our commitment to the Indian market. It will provide an excellent operations center for our ongoing regional HPHT and deepwater contracts, and will ideally position us to secure future contracts in the region. India is a key market for us and I am confident the new base will greatly assist our regional growth plans."
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