Energy services firm Expro (NYSE: XPRO) has struck a $210m deal to buy Aberdeenshire-headquartered drilling tech company Coretrax.
Detailed appraisal well testing can provide significant benefits for the de-risking and development of carbon capture, utilization, and storage (CCUS) projects.
Carbon capture, utilisation, and storage (CCUS) is recognised as one of the pivotal enabling processes in the global transition towards reducing greenhouse gas emissions and achieving 2050 net-zero targets.
Energy services provider Expro (NYSE:XPRO) is today marking 40 years of operations since launching its first subsea test tree system in the North Sea in 1983.
Energy transactions help to drive a record year of deals for Johnston Carmichael’s corporate finance team
Energy transactions helped to drive a record year of deals for Johnston Carmichael’s corporate finance team. M&A activity in the sector accounted for about a third of the team’s £600m-plus of deals in the financial year ending 31 May 2023.
Prior to 2023, the importance of carbon capture utilisation and storage (CCUS) in decarbonisation strategies was somewhat understated. However, CCUS is now recognised as a key tool to combat climate change and in achieving net-zero goals.
Prior to 2023, the importance of carbon capture utilisation and storage (CCUS) in decarbonisation strategies was somewhat understated.
“The debate shouldn’t be oil and gas versus renewables. It should be oil and gas plus renewables."
Firm's 15-strong Aberdeen team have joined 100 Expro colleagues at the site.
Total has said that development of Tilenga will be limited to less than 1% of park land.
Harbour Energy has awarded a contract worth more than $20 million (£16.08m) to the energy services firm, Expro, for decommissioning work in the UK North Sea's Balmoral area.
Frank’s was private until August 2013. It continued to pay bribes after going public, the SEC said. While public, the company won another five contracts while using its sales agent.
Energy security has never been more important than it is now, given the present geopolitical situation in Europe.
This is an opportunity missed. Geothermal avoids the intermittency challenges that solar and wind power bring. However, “it's very regional, it's very cost intensive up front and the [return on investment] is a bit extended. However, once successfully online, it’s is good to go.”
The New York-listed Expro (NYSE: XPRO) has announced its acquisition of Aberdeen-based well-construction cementing specialists DeltaTek Global.
Transitioning to a sustainable energy future requires the increased and widespread use of renewable energy sources like geothermal, hydroelectric, solar, wind, and bioenergy. While each renewable energy source competes for market share, a coordinated effort from all renewables is required to meet carbon neutrality objectives.
The facility will allow LNG production to “significantly increase”, Expro said. It is intended to allow additional gas production support power generation.
Energy services group Expro (NYSE:XPRO) has secured a new $50 million contract with Apache Corporation for work on its Beryl and Forties assets.
The energy crisis is deepening. There is little doubt that most economies around the world are facing a serious situation and, with recent reports suggesting one in four people in the UK will not switch their heating on this winter, that’s a chilling prospect for our population, particularly the elderly and vulnerable.
The world needs energy sources that contribute to global energy security, while also tackling the problem of carbon emissions and climate change.
Energy services group Expro has secured four subsea well access contracts in south east Asia and Australia, worth in excess of $50 million (£37.5m).
Expro has completed a plug and abandonment (P&A) contract offshore Mauritania for Petronas.
UK-based energy services firm Expro has delivered its last set of results before its "merger" with Dutch rival Frank’s International.
Oilfield services firm Expro has formed an exclusive partnership with FTAI Ocean for the supply of its well intervention vessel.
Expro’s chief executive says he doesn’t anticipate its amalgamation with Frank’s International to lead to any “significant headcount changes” in Aberdeen.