Services player Expro Holdings won a “significant” well testing services contract Monday with Norway’s Statoil worth $200 million.
The agreement includes the provision of downhole tools, gauges, tubing, surface well testing, rig cooling and subsea services at Statoil sites in the Norwegian Continental Shelf.
UK-based Expro will also provide a range of fluid sampling services, including downhole samplers, surface sampling, and specialized analysis and metering services.
The deal covers work across the exploration, appraisal and development activity for Statoil’s mobile offshore drilling units and fixed platforms.
The contract has an initial period of four years with a six year extension option and is effective as of January 1.
“We are absolutely delighted to continue our long-standing relationship with Statoil, a cornerstone operator in the Norwegian Continental Shelf, providing long-term activity over the coming years,” Expro COO Mike Jardon said.