Expro Awarded Subsea Contract by Wintershall Norway

Expro has been awarded a $25m subsea contract for oil and gas producer, Wintershall Norway, in the Haltenbanken area of the Norwegian Continental Shelf (NCS). This will strengthen its operations in the North Sea. 

“In Norway, we have underlined our commitment to projects in the region with significant investment in our new base and technology – including over $10m in capital expenditure for new equipment to services well test projects since 2012” Neil Sims, Expro’s Vice President, commented in a note.  

The five-year contract, for Wintershall’s Maria project, includes multi-well completions with two optional two-year extensions. 

Last month, EMGS entered into two new data licensing agreements with two oil companies for the provision of 3D EM data from EMGS's multi-client data library over the Barents Sea and the Norwegian Sea worth USD 1.6 million. This might indicate a growing interest on Norway’s gas.