Expro wins $50m projects in Saudi
Dubai, November 10, 2013
International oilfield services company Expro is set for further expansion into Saudi Arabia following two contract wins worth $50 million.
The company announced the two-year deal with a major Saudi operator, which includes an option to extend for a further 12 months, at the Adipec conference taking place in Abu Dhabi.
The contracts will focus on providing integrated services procedures on 160 wells across four different sites in Udhailiyah, on the Eastern Province of Saudi Arabia, it said.
Hussein Elsisi, business development manager for Expro Mena, said: “Saudi Arabia was identified as a country with high growth potential for Expro and we are delighted to cement our position through these key contracts.”
“This announcement almost doubles our activity in country and demonstrates our ability to provide tailor-made products and services.
“Operational activity in the area continues at an elevated level, due to the planned number of wells to be drilled in the next few years.” - TradeArabia News Service