Expro (XPRO) has been awarded a contract valued at over $10M for the provision of a well decommissioning solution. The solution combines subsea safety systems and surface processing design to enable both safe entry to the well and effective management of well fluids. From its global support hub in Aberdeen, Expro will provide a surface fluid management package and its 7-3/8″ large-bore subsea test tree assembly with surface tree and controls, providing dual barrier and disconnect capability to facilitate re-entry into the subsea wells.
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Read More on XPRO:
- Expro Board approves extension to company’s stock repurchase pact
- Expro price target lowered to $18 from $22 at Goldman Sachs
- Expro partners with Petrobras to develop new flowmeter technology
- Expro price target lowered to $18 from $28 at Barclays
- Expro reports Q3 adjusted EPS 23c, consensus 26c
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