International oilfield service company, Expro, has been awarded a $4.5 million one year contract for the supply of 7 3/8” completion landing string services in China. This contract will enable Expro to capitalise on an emerging and highly lucrative deepwater market, which is set for major growth over the next five years.
Work will commence this month and as part of the contract, Expro will supply a 7 3/8” 10k direct hydraulic (DH) completion landing string system and a set of topside and DH controls. This will be the latest DH operation in China following previous successful campaigns on other horizontal tree developments.
Subsea Sales Director, Graham Cheyne said, “The South China Sea deepwater market is crucial for our growth strategy going forward and the contract win further enhances our presence in China. The opening of our new base in the Shekou industrial zone positions us perfectly to provide our customers in China with high quality service offshore and onshore.
“Our investment in technology innovation and infrastructure in China, coupled with the dedication to ongoing training and personal development, means we are well positioned to provide bespoke engineering solutions to our China customer base.”
Expro’s market-leading subsea safety systems provide reliable and efficient in-riser landing strings for well interventions and completions. Expro is already well established in the deepwater regions of the world, including Africa, Gulf of Mexico and Brazil, with its superior technology and expertise in greater demand as development progresses in the world’s deepwater provinces.
[mappress] Press Release, March 18, 2013