Expro, an energy services provider, has expanded its portfolio of offerings with the acquisition of DeltaTek Global, a construction cement specialist.
The acquisition will enable Expro to better serve customers in the well construction cementation industry, while accelerating DeltaTek’s international deployment ambitions across Expro’s global footprint.
Expro’s current portfolio of capabilities spans well construction, well flow management, subsea well access and intervention and well integrity solutions. DeltaTek, for its part, has developed technologies that can be deployed in all well construction projects, for subsea, platform or land cementing operations.
“This is an exciting transaction for Expro that we believe will deliver real value to our combined customer base. DeltaTek’s range of low-risk open water cementing solutions increase customer operational efficiency, deliver savings of rig time and costs and improves the quality of our customers’ cementing operations,” said Steve Russell, Chief Technology Officer, Expro.
“Today’s announcement expands our well construction cementing capabilities using DeltaTek’s open water cementing systems and techniques. These strengths, technologies and ambitions complement Expro and we are delighted to welcome the team from DeltaTek to the Expro family,” he said.
Aberdeen-based DeltaTek has an experienced leadership team focused on the development and deployment of cementing technologies in the offshore market, with operations in the UK, Norway, the Gulf of Mexico, West Africa and Asia Pacific.
“The team and I are thrilled to announce this milestone for DeltaTek. Joining industry leader Expro is a monumental moment for the company, our existing customers and the industry at large as we continue innovating and growing the Cure and ArticuLock portfolios to directly address well construction challenges.”
“With Expro’s global footprint and strong customer base, we look forward to offering our technology to all operators across the well construction market through Expro’s existing channels, simplifying the global adoption of our value-added services for our customers,” added Tristam Horn, CEO. and founder
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