Expro wins big Iraq contracts
Baghdad, March 12, 2012
UK-based Expro, a leading international well flow management company, said it has consolidated its position in fluids market with three major contract wins in Iraq.
Expro is a market leader in providing services and products that measure, improve, control and process flow from high-value oil and gas wells, through the marketing segments of: Well testing & commissioning; production systems; wireline intervention; connectors & measurements and deepwater intervention.
As per the deal, Expro will undertake analysis of more than 100 pressure volume temperature (PVT) studies in a contract award with Gazprom in the Badra field situated close to the Iranian border, said the UK well flow management firm in statement.
Gazprom is critical for Expro as it has positioned the UK firm in the central part of Iraq. It is also the first PVT contract for Expro with Gazprom, it added.
Two further contract awards with large operators in the south of Iraq involve further PVT sampling studies and laboratory work, the company stated.
Commenting on the wins, Bill Smith, the fluids product line director at Expro said, 'This is a solid start to 2012 as we look forward to further enhancing our profile in the region as the year progresses.'
'A trio of recent contract wins with major operators has further strengthened Expro’s profile in the region and positions us as the preferred fluids choice in a highly lucrative and competitive marketplace,' Smith remarked.
The trio of contract awards adds to the recent contract success with Eni, he added.
Expro, he said, will utilise its Iraqi capabilities as well as its fluids analysis centre (FAC) and analytical data services (ADS) teams in the UK to conduct more than 200 PVT studies.
According to Smith, Expro had made significant investment throughout 2010 and 2011 in preparation for activity in Iraq in 2012 and beyond.
'Expro is an established leader in the field of well flow management, and throughout its service offers the expertise and experience borne of many years as an industry leader,' he stated.
Expro’s engineering expertise and flexibility to meet the specific needs of its customers allows it to offer integrated solutions to well flow management challenges, at every stage of the well lifecycle, he added.-TradeArabia News Service