Engage Xr Regulatory News (EXR)

9 Feb 2005 14:00

Expro International Group PLC09 February 2005 Embargoed until 14.00 09 February 2005 EXPRO INTERNATIONAL GROUP PLC Expro International Group PLC awarded two significant Shell European contracts Expro International Group PLC ("Expro" or "the Group") today announces the awardof two significant contracts by Shell Exploration and Production Europe ("EPE").The contracts are for the provision of Wireline and Well Test services acrossShell EPE's operations. Expro has been Shell's incumbent contractor for severalyears and these awards increase the scope with some additional work in UKSouthern North Sea and Norway. Through these contracts, Expro will provide Shell's entire Wireline and WellTest activities within the operating units of Shell UK Limited, NederlandseAardolie Maatschappij B.V. ("NAM"), A/S Norske Shell and Shell E & P IrelandLimited. The contracts have an effective commencement date of 1st February 2005 with workgetting underway immediately. The contracts have a combined value of $100million over five years. This value may increase with activity levels and thereare also two one year extensions on each contract. The work will be managed andimplemented by Expro staff based in Aberdeen and Great Yarmouth within the UK,Den Helder in Holland and Bergen in Norway. Commenting on the announcement, Expro's Chief Executive Officer, Graeme Coutts,said: "We are delighted to have been awarded this work by Shell and it confirmsour position as one of Europe's leading oilfield service provider. Expro'sretention of these significant contracts and their increase in scope clearlydemonstrates Shell's confidence in our capabilities to support their key assets.Overall, the North Sea markets continue to offer positive conditions. Ourtechnology portfolio, critical mass and in-depth understanding of therequirements of mature oil and gas provinces, is clearly understood by ourclients and provides a positive environment for the Group". - Ends - Note to Editors: Expro International Group PLC ("Expro Group", "Expro" or "the Group") is aleading upstream oil and gas technology and service provider, specialising inwell performance and production optimisation. Its products and services arepackaged into three distinct business segments: Cased Hole Services, SubsurfaceSystems, and Surface and Environmental Systems. The Expro Group employs over2,000 people worldwide and is an innovative leader in oilfield technology whichenables clients to maximise recovery of their reserves. For more information,please refer to the Group's website at www.exprogroup.com For further information please contact: Expro International Group PLC 0118 9591 341Graeme Coutts, Chief ExecutiveMichael Speakman, Finance Director Weber Shandwick Square Mile 020 7067 0700Mike Kirk / Rachel Taylor / Stephanie Badjonat This information is provided by RNS The company news service from the London Stock Exchange