Expro Buys Quality Intervention

Oilfield services company Expro has acquired technology company Quality Intervention.

The Norwegian-based company was founded in 2008 and provides a portfolio of innovative products and services – coiled tubing technology (CoilHose), annular integrity technology (Well Spring) and innovative in-situ wellhead remediation tooling (Multi-tool).

This acquisition should enable Expro to extend its well intervention capability with proprietary technologies and expand into coiled tubing and pumping service sector.

Mike Jardon, Expro CEO, said: “As part of our strategy, we are committed to investing in innovation and developing new technologies to differentiate our offering. This acquisition allows us to enter the coiled tubing market and build on our existing well intervention portfolio, leveraging the expertise from both companies.

“Our customers across the world will see added value with improved work practices, significant increases in operational efficiency and cost savings. Well intervention is a key part of Expro’s heritage and through the technologies and expertise QI brings to Expro, it will improve and enhance our business. Led by a highly skilled and dedicated management team with extensive experience, we look forward to welcoming the QI team to the Expro family.”

Bjarne Langeteig, founder and CEO of QI, said: “We have been partnering with Expro for a year and we are delighted to be entering into this agreement. Since starting the business in 2008, we have been focused on being technology disrupters and challenging conventional practices in the well intervention market.

“We believe that our technology is value enhancing for the coiled tubing market and through our partnership we have seen how well our technology complements Expro’s. We look forward to working together as one team.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

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