Expro, a Houston-headquartered energy services provider, signed a contract with Apache Corp. worth $50 million on Apache's Beryl and Forties assets, according to a press statement released Dec. 1.
"Expro have worked with Apache for two decades. We are committed to providing safe, efficient, and environmentally responsible services," Expro regional vice president of Europe and Sub-Saharan Africa Colin Mackenzie said in the statement. "We look forward to adding further value to Apache with the introduction of our latest well intervention technologies."
Through a fully integrated well intervention and integrity services contract, Expro will provide slickline, e-line, cased hole and pressure pumping services, as well as technology innovations including Octopoda, CoilHose and Distributed Fiber Optic Sensing Slickline. The project is expected to begin in fourth-quarter 2022.
The contract will enable Expro to optimize Apache's operations at its Beryl Alpha and Bravo and Forties Alpha, Bravo, Charlie, Delta and Echo assets, along with other Apache North Sea assets.
Additionally, Expro will commit to a long-term future on the U.K. continental shelf through the investment of "significant" capital in new technology and equipment. The contract between the two companies has a primary term of the three years, with two one-year extension opportunities.
"We are delighted to receive this award, which demonstrates the continuation of our longstanding relationship with Apache and long-term investment in the U.K. sector of the North Sea," Mackenzie added. "The full scope of services for this campaign will be supported from Expro’s regional headquarters in Aberdeen."