Expro Secures Contract with Woodside Energy for Trion Deepwater Project

Expro has secured a three-year contract with Woodside Energy to provide tubular running and cementing services for the Trion deepwater oil and gas development project in Mexico. This will be Mexico's first deepwater oil production facility, and Expro will deploy its well construction technologies to optimize well performance and drive cost efficiencies. The contract marks a significant milestone in Expro's long-standing partnership with Woodside and further strengthens their presence in deepwater operations across Mexico.

Expro (NYSE: XPRO) has been awarded a three-year contract by Woodside Petróleo Operações de México, S. de R.L. de C.V. (Woodside Energy) to deliver advanced tubular running and cementing services for the Trion deepwater oil and gas development project offshore Mexico. This marks a significant milestone in Expro's long-standing partnership with Woodside and further strengthens their presence in deepwater operations across Mexico.

Under the agreement, Expro will provide industry-leading tubular running services (TRS) and cementing services for what will be Mexico’s first deepwater oil production facility. The project, located in the Perdido Fold Belt approximately 180 km off Mexico’s coastline in the Gulf of Mexico, aims to produce oil starting in 2028. The contract represents a strategic opportunity for Expro to deploy its differentiated well construction technologies, designed to offer a seamless solution from top drive to target depth.

The services to be provided by Expro include TRS casing, completion and drilling support, as well as the provision of casing accessories, cement heads, and Expro’s Skyhook® system. Expro’s approach is aimed at optimizing well performance, driving cost-efficiencies, and enhancing operational reliability throughout the project lifecycle. The contract enables Expro to leverage its extensive track record and reputation as a trusted provider of TRS solutions.

Jeremy Angelle, Vice President of Well Construction at Expro, stated, "We are proud to play a key role in this world-class development. This contract win reflects the strength of our technical capabilities and commercial offering, as well as our legacy of supporting Trion exploration wells through Frank’s TRS and VERSAFLOTM systems."

This project represents an exciting opportunity for Expro to showcase its innovative technologies on a historic deepwater development. Woodside Energy will manage operations from its Tampico shore base and office, while Expro is actively establishing a new hub in the area, contributing to local employment and economic growth.

Expro, with roots dating to 1938, has over 8,500 employees and provides services and solutions to leading exploration and production companies in both onshore and offshore environments in more than 50 countries. The company’s extensive portfolio of capabilities spans well construction, well flow management, subsea well access, and well intervention and integrity solutions.

References:
[1] https://www.stocktitan.net/news/XPRO/expro-secures-contract-with-woodside-energy-for-trion-deepwater-c1vnpg3wp262.html