Expro announces recent contract awards
Expro International Group PLC has been awarded a series of contracts recently.
The two largest orders relate to small field production projects, one in Iran for Shell Exploration B.V. and the other for Brovig in Tunisia, both due to commence in the summer of 2001.
In the Soroosh field, offshore Iran, Expro has teamed up with joint venture partner, Swire Pacific, to provide and operate an early production system for Shell. The joint venture interest was formerly held by PTI, which was acquired by Expro earlier this year.
In order to carry out Shell Exploration's contract, Expro and Swire Pacific have acquired the jack up production unit, formerly the 'Muna'.
The existing production capacity of the unit will be upgraded from 60,000 bopd to 100,000 bopd. The conversion will also include the installation of 10 MW of power generation. This contract represents Expro's first major step into the Middle East market.
For Brovig, Expro will provide and operate production facilities onboard its' FPSO installed in the Isis field, offshore Tunisia.
The facilities onboard Brovig's FPSO are designed to handle 30,000 bopd and include gas compression and gas-liquid recovery systems.
The gas handling facilities have been designed by Expro's Houston-based engineering company, SPS Inc. Expro will also be providing well planning and completion design services to the field operator Coparex.
Expro has also secured a major field rejuvenation project in Kazakhstan with Baker Hughes for the Agip/BG consortium, with an initial value to Expro of £9 million.
Expro's workscope within this contract includes the provision of slickline, well testing, data acquisition and sampling services as well as the supply of multiphase logging tools.
The first phase of the three-year contract is scheduled to commence during January 2001.Other contract awards include BP Colombia, Santa Fe Indonesia and Chevron Equatorial Guinea.
John Dawson, the Expro Chief Executive said: "We have been working on these projects for many months, we knew our client commitment was there, but to see them converted to orders unfolding over the next few years means the industry is now getting back to work. We saw this six months ago in North America but it is heartening to see confidence spreading to other global markets."
© 2000 Mena Report (www.menareport.com)