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Expro Secures Multi-Year TRS Contracts With Leading Super-Major Operators in the Gulf of America

News

Expro Secures Multi-Year TRS Contracts With Leading Super-Major Operators in the Gulf of America
News

News

Expro Secures Multi-Year TRS Contracts With Leading Super-Major Operators in the Gulf of America

2025-05-22 15:59 Last Updated At:16:10

HOUSTON--(BUSINESS WIRE)--May 22, 2025--

Expro (NYSE: XPRO) has been awarded multi-year Tubular Running Services (TRS) contracts by two leading Super-Major operators in the Gulf of America, covering both deepwater drill ships and platform rigs.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250522123111/en/

Collectively valued at over $80 million, these contract awards integrate some of Expro’s most advanced technologies, including the E&P Special Meritorious award-winning Centri-FI TM platform. Centri-FI TM serves as the operational hub, designed to drive efficiencies through personnel reduction, eliminating red zone entries, and enhancing repeatability to optimize performance.

In collaboration with these operators, Expro will also further deploy its Rig Integration “Driller’s Control” Package, iTong TM, and cutting-edge completions technologies - critical components in supporting upcoming developments throughout the contract duration, including 20K developments demanding the industry's highest caliber technologies.

These agreements underscore Expro’s commitment to delivering innovative, high-performance solutions that drive safety, efficiency, and operational excellence in complex offshore environments.

Jeremy Angelle, Vice President of Well Construction, of US-based Expro, said: “Securing these long-term contracts with two of the world’s leading operators highlights the trust placed in Expro to deliver innovative and reliable solutions in the most demanding offshore environments.

“Our advanced technologies – including Centri-FI TM and iTong TM – are helping reshape what’s possible in tubular running services, enhancing safety, reducing personnel exposure, and driving consistent performance. We’re proud to continue supporting these critical developments and remain committed to advancing operational excellence in the Gulf of America.”

Notes to Editors:

Expro

Working for clients across the well life cycle, Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality. The Company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.

With roots dating to 1938, Expro has approximately 8,500 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in more than 50 countries.

For more information, please visit and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS

This press release, and oral statements made from time to time by representatives of the Company, may contain certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding, among other things, the success and safety of the Company’s tubular running services technologies, the Company’s environmental, social and governance goals, targets and initiatives, and future growth, and are indicated by words or phrases such as "anticipate," "outlook," "estimate," "expect," "project," "believe," "envision," "goal," "target," "can," "will," and similar words or phrases. These forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause actual results, performance or achievements to be materially different from the future results, performance or achievements expressed in or implied by such forward-looking statements. Forward-looking statements are based largely on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseeable and beyond our control. The factors that could cause actual results, performance or achievements to materially differ include, among others the risk factors identified in the Company’s Annual Report on Form 10-K, Form 10-Q and Form 8-K reports filed with the Securities and Exchange Commission. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, historical practice, or otherwise.

Expro Centri-FI

Expro Centri-FI

MINNEAPOLIS (AP) — The Minnesota Timberwolves were missing star Anthony Edwards again.

Their poise was present and accounted for.

With Edwards absent for the second straight game on Sunday with soreness in his right foot, his teammates picked up the slack after a sluggish start — and delivered another steely performance down the stretch on the way to a 117-103 victory over Sacramento.

The Timberwolves outscored the Kings 29-19 over the final 12 minutes, a league-leading eighth time this season they've had a 10-plus-point advantage in the fourth quarter.

“I think our composure down the stretch has gotten a lot better. Our ability to make the right read — and certainly shot making — has helped in those moments,” coach Chris Finch said.

The Timberwolves (17-9), who have won seven of their last eight games, exacted a measure of revenge for their 117-112 overtime loss at Sacramento on Nov. 24 when they blew a 10-point lead with less than three minutes remaining in regulation.

That game came three nights after they fumbled an eight-point lead with 49 seconds left at Phoenix and lost 114-113.

“We talked about how we need to be better in closing games and the themes that popped up,” Finch said, “and guys have done a good job of addressing that.”

Edwards has been considered day-to-day with his availability. Finch said before the game the injury “hasn't calmed down to the point where he's able to go.”

Backup point guard Mike Conley was also sidelined on Sunday, the 19-year veteran's second straight absence due to a right Achilles tendon injury. The short-handed backcourt meant another start for Bones Hyland, who has recently worked his way into a more meaningful role. Then center Rudy Gobert left the game midway through the third quarter for what the team announced as personal reasons.

The absence of the four-time NBA Defensive Player of the Year award winner down the stretch forced Naz Reid to play the last 20 minutes of the game. The 2024 Sixth Man of the Year award winner finished with 20 points and 11 rebounds and made sure the interior defense didn't collapse without the long arms of Gobert.

“A lot of the times we kind of understand the sense of urgency in the second half,” Reid said. “It’s nice to kind of have that at the end of the game, but I think we just kind of figure it out as the game goes on. As the second half comes, we kind of all-the-way turn it on, which is like not normal, but we’ve been getting the wins.”

Edwards missed four games earlier this season with a strained right hamstring. The three-time All-Star, who is eighth in the NBA with an average of 28.7 points per game, has already tallied his most absences since the 2021-22 season when he played in 72 games.

With the Timberwolves in a slower stretch of the schedule, Edwards could get eight days of rest while only missing the two games. Minnesota hosts Memphis on Wednesday.

“It’s such a bummer, but sometimes it’s good for some players,” Hyland said. “Sometimes it’s just God opening a door for you. You still want to be there for your teammate if he’s injured, be a good person, good teammate, but also step up. When someone goes down, we’re all a team.”

AP NBA: https://apnews.com/hub/NBA

Minnesota Timberwolves head coach Chris Finch looks on during the first half of an NBA basketball game against the Sacramento Kings, Sunday, Dec. 14, 2025, in Minneapolis. (AP Photo/Matt Krohn)

Minnesota Timberwolves head coach Chris Finch looks on during the first half of an NBA basketball game against the Sacramento Kings, Sunday, Dec. 14, 2025, in Minneapolis. (AP Photo/Matt Krohn)

Minnesota Timberwolves guard Anthony Edwards watches from the bench during the first half of an NBA basketball game against the Golden State Warriors, Friday, Dec. 12, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Minnesota Timberwolves guard Anthony Edwards watches from the bench during the first half of an NBA basketball game against the Golden State Warriors, Friday, Dec. 12, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Minnesota Timberwolves guard Anthony Edwards, left, and Golden State Warriors guard Stephen Curry speak after an NBA basketball game, Friday, Dec. 12, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Minnesota Timberwolves guard Anthony Edwards, left, and Golden State Warriors guard Stephen Curry speak after an NBA basketball game, Friday, Dec. 12, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Minnesota Timberwolves guard Anthony Edwards, center, reacts from the bench during the second half of an NBA basketball game against the Golden State Warriors, Friday, Dec. 12, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

Minnesota Timberwolves guard Anthony Edwards, center, reacts from the bench during the second half of an NBA basketball game against the Golden State Warriors, Friday, Dec. 12, 2025, in San Francisco. (AP Photo/Godofredo A. Vásquez)

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