- Expro Group Holdings NV (NYSE:XPRO) has bagged a $50 million contract with North Sea operator Apache Corporation on its Beryl and Forties assets.
- The fully integrated well intervention and integrity services contract has a primary term of three years, and two one-year extension options.
- The contract involves pumping and optimization operations across all of Apache’s North Sea assets.
- Expro will provide integrated services to Apache, including slickline, e-line, cased hole, pressure pumping, and new technologies, including Octopoda, CoilHose, and Distributed Fiber Optic Sensing (DFOS) Slickline.
- The project is due to start early fourth quarter 2022.
- Expro is a provider of energy services whose portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.
- Price Action: XPRO shares are trading higher by 0.06% at $17.37 in premarket on the last check Thursday.
American Resources Corp Enters Into A Binding Letter Of Intent To Sell Assets Associated To Its Deane Mining Complex; Represents A $20.6M Enterprise Value In The Form Of Upfront Cash, Royalty Interest And Replacement Of Environmental Reclamation Bonds
Offer represents a $20.6 million enterprise value in the form of upfront cash, royalty interest and replacement of environmental reclamation bonds
FISHERS, IN / ACCESSWIRE / August 3, 2023 / American
