Oilfield services company Expro said it has secured a four-year contract extension for BP’s Shah Deniz Stage 2 project in the South Caspian Sea.
The contract extension will see Expro continue its provision of subsea landing string equipment and services to the project.
In 2014, Expro secured a five-year contract for the project, providing its Landing String Assembly – High Pressure (ELSA-HP) 15k valves in conjunction with its EXPRESS electro hydraulic control systems.
Expro's new $5 million purpose-built facility in Baku, Azerbaijan will support the work. The facility opened Thursday will house 30 employees, encompassing both office and workshop space over 8,500 square meters.
Neil Sims, Expro’s Vice President for Europe CIS region, said, “The investment in our new facilities allows us to grow our presence and deliver the highest quality of subsea services to major clients, including BP. It also allows us to broaden our portfolio offering, leveraging our leading global expertise in well testing and intervention services.”