Oilfield services company Expro (5D110) has secured a five-year master services agreement with Repsol Sinopec Resources UK, for well services across its UK North Sea assets, the firm revealed during SPE Offshore Europe.
The contract is valued at US$8million (£5million) for the first calendar year, which will be reviewed on an annual basis - including options to extend beyond the initial term.
Expro’s award includes well intervention services across all of Repsol Sinopec’s UK North Sea assets for production assurance and enhancement, well integrity, subsea, reservoir and decommissioning and abandonment applications.
The wireline and cased hole logging services include personnel to supervise all offshore intervention activity, including slickline and electric line conveyance, memory and real time cased hole logging (including production logging and calliper services), explosive and perforating services, downhole cameras, gauges and sampling.
Expro’s UK Area Manager Gary Sims said: “Securing this significant agreement gives a major boost to our UK well intervention business, as we work hard to maintain contracts with valued, long term customers. It continues our excellent relationship with Repsol Sinopec (formerly Talisman), which goes back to the company’s arrival in the North Sea two decades ago."
Expro is headquartered in the UK and has key well intervention facilities in Aberdeen (Europe CIS), alongside regional hubs in North America, Asia, the Middle East and Latin America.
The company is hosting a range of technical presentations on its booth at SPE Offshore Europe, including production optimization and well abandonment.