World Library  
Flag as Inappropriate
Email this Article
 

Expro

Expro International Group
Privately held company
Industry Energy
Founded 1973
Headquarters Reading, United Kingdom
Key people
Charles Woodburn (CEO)
Revenue $1.4 billion (2014)
Parent Umbrellastream Ltd (Candover-led consortium)
Website www.exprogroup.com

Expro (officially Expro International Group) is an international oil and gas service company, specializing in well flow management, headquartered in Reading, United Kingdom.

Contents

  • History 1
    • Takeover 1.1
  • Structure 2
  • References 3
  • External links 4

History

The business was founded by J. Trewhella, J. Ross and H. Green in 1973 at Great Yarmouth as Exploration & Production Services (North Sea) Ltd with the objective of carrying out well testing in the North Sea. In 1986 some 84% of the company was acquired by Flextech from whom the management subsequently bought out the business in 1992. The company was first listed on the London Stock Exchange in 1994. In 2006 it acquired PowerWell Services, another leading well management concern.[1]

In 2013, Expro launched the prototype HawkEye V downhole camera and celebrated its 40th year.

Takeover

In May 2008 Halliburton made a £1.7bn takeover of the business,[2] while a competing bid worth £1.8bn was made the following month by Umbrellastream, a Candover-led consortium also comprising Goldman Sachs and Alpinvest.[3] An improved bid from Halliburton was then rejected by the Expro board, a position backed by the High Court after an appeal lodged by a group of activist shareholders.[4] The acquisition of Expro by Umbrellastream was completed on 1 July 2008.[5]

Structure

The business is organised into four geographic regions:

  • Europe CIS
  • Sub-Saharan Africa
  • Asia, Middle East & North Africa
  • North & Latin America

References

  1. ^ Offshore
  2. ^ Expro / Halliburton
  3. ^ FT.com
  4. ^
  5. ^

External links

  • Official site
This article was sourced from Creative Commons Attribution-ShareAlike License; additional terms may apply. World Heritage Encyclopedia content is assembled from numerous content providers, Open Access Publishing, and in compliance with The Fair Access to Science and Technology Research Act (FASTR), Wikimedia Foundation, Inc., Public Library of Science, The Encyclopedia of Life, Open Book Publishers (OBP), PubMed, U.S. National Library of Medicine, National Center for Biotechnology Information, U.S. National Library of Medicine, National Institutes of Health (NIH), U.S. Department of Health & Human Services, and USA.gov, which sources content from all federal, state, local, tribal, and territorial government publication portals (.gov, .mil, .edu). Funding for USA.gov and content contributors is made possible from the U.S. Congress, E-Government Act of 2002.
 
Crowd sourced content that is contributed to World Heritage Encyclopedia is peer reviewed and edited by our editorial staff to ensure quality scholarly research articles.
 
By using this site, you agree to the Terms of Use and Privacy Policy. World Heritage Encyclopedia™ is a registered trademark of the World Public Library Association, a non-profit organization.
 


Copyright © World Library Foundation. All rights reserved. eBooks from Project Gutenberg are sponsored by the World Library Foundation,
a 501c(4) Member's Support Non-Profit Organization, and is NOT affiliated with any governmental agency or department.