Leading international oilfield services company, Expro, has secured a milestone subsea contract with BP for the Shah Deniz Stage 2 project in the South Caspian Sea, one of Expro's largest Europe CIS contracts to date.
The 5-year contract, worth almost $100m, will see Expro provide completion landing string equipment and services for the installation and completion of Shah Deniz Stage 2 subsea wells, covering 24 new subsea completions.
As a result of the contract, Expro is set to invest in its subsea onshore support base and infrastructure in order to support BP locally in Baku, Azerbaijan.
Expro will supply its Landing String Assembly – High Pressure (ESLA-HP) 15k valves in conjunction with its EXPRESS electro hydraulic control systems thus ensuring a fast Emergency Shut Down during the clean-up of high pressure/high rate gas wells.
The ELSA-HP has been developed to service the high pressure horizontal tree completion and intervention market. With systems designed and qualified up to 15,000 psi, 250 degF and 10,000ft water depth, this landing string assembly provides clients with the safety and reliability to develop fields with challenging conditions.
Keith Palmer, Region Director for Europe CIS at Expro, comments:
"This contract further strengthens Expro's relationship with BP through the provision of our ELSA landing string technologies.
"Expro have been a leading provider of subsea equipment and services to BP in Azerbaijan since 2009, performing to a high standard of safety and service.
"Our specialist subsea teams have deployed more than 1500 completions / 2000 exploration operations to date, clearly demonstrating that Expro is the first choice global subsea landing string provider for reliability in deepwater.
"This additional contract allows Expro to establish further infrastructure and personnel in Baku, to enhance our local presence. This in turn will also allow Expro to promote and provide other products and services to our client base in this area."
About Expro
Expro's mission is well flow management. We provide services and products that measure, improve, control and process flow from high-value oil and gas wells, from exploration and appraisal through to mature field production optimisation and enhancement.
Our vision is to be the market leader in well flow management, using the industry's best people, to deliver the highest standards of safety, quality and personalised customer service.
We provide a range of solutions across six areas of capability:
- Exploration & Appraisal Testing
- Subsea Safety Systems
- Drilling & Completion
- Flowback and Clean-up
- Production
- Well Integrity & Intervention
Expro's 40 years of experience and innovative technology empowers the company to offer tailor-made solutions for its customers across the energy sector. With 5,000 employees across 50 countries, Expro offers a truly global service solution.
About BP
BP is one of the world's largest oil and gas companies, serving millions of customers every day in more than 80 countries, and employing nearly 85,000 people. BP's business segments are oil and gas exploration & production, and refining & marketing. In alternative energies, BP has low- and no-carbon wind and biofuels businesses. Through these activities, BP provides fuel for transportation; energy for heat and light; services for motorists; and petrochemicals products for plastics, textiles and food packaging. It has strong positions in many of the world's hydrocarbons basins and strong market positions in key economies.