Expro Wins Best Health, Safety, Environment/Sustainable Development Offshore Award

HOUSTON - ( BUSINESS WIRE ) - Oct 17, 2022 -

Leading energy services provider Expro (NYSE: XPRO) announced that it won the Best Marine Health, Safety, Environment and Sustainability award for its CENTRI-FI™ technology at the 2022 World Oil Awards in Houston.

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Former director Alistair Geddes (Photo: Business Wire)

The CENTRI-FI™ Consolidated Control Console is one of a series of smart digital well construction solutions being developed as part of Expro's strategy to adapt and implement technologies to meet the energy challenges of today and tomorrow.

CENTRI-FI™ is an intelligent digital command and control solution that provides precise control and management of setup, lift-slide, and a common lift via a wireless control tablet. Operations are carried out by one operator instead of three or four employees.

Expro CEO Alistair Geddes said: “We are proud to receive this award, which recognizes the great progress we are making in developing cutting-edge technologies that meet the needs of our customers, the industry and the planet.

“Technological advances in digitization and improved security procedures are having a significant impact on the energy industry. Segments such as drilling, well intervention and production are already benefiting significantly from improved safety through digital transformation processes. Traditionally, well construction has been labor intensive and CENTRI-FI™ is an excellent example of our ability to bring the benefits of automation to well construction operations.

“This technology is proving its ability to improve safety and support headcount reductions while improving operational efficiency, which has a direct financial impact. This industry recognition is welcome and is a testament to the commitment of our teams and the strength and depth of our portfolio. services and solutions as we continue to evolve.”

Expro was also shortlisted for Best Deepwater Technology for the 750-ton J-Slot and the New Horizons Idea Award for the Galea TM Autonomous Pumping System.

For example

Serving clients throughout the lifecycle of a well, Expro is a leading provider of energy services, delivering innovative, cost-effective solutions and industry-leading safety and quality. The company's broad portfolio of capabilities includes well construction, well flow control, subsea well access, and well integrity and intervention solutions.

Founded in 1938, Expro has approximately 7,200 employees and provides services and solutions to exploration and production companies in approximately 60 countries.

For more information, visit: expro.com and connect with Expro on Twitter @ExproGroup and LinkedIn @Expro.

SPECIAL NOTE ON THE ABOVE STATEMENTS

This press release and oral statements made from time to time by representatives of the Company may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements about, among other things, the the company's environmental, social and governance goals, objectives and initiatives, and the benefits and successes of the Centri-FI TM System and other technologies listed above, and "expected", "anticipated". ", "expressed as words or phrases such as "anticipate", "anticipate", "assess", "expect", "design", "believe", "anticipate", "intend", "target", "may", " will" and similar words or phrases. These forward-looking statements are known. and unknown risks, uncertainties and other factors that could cause actual results, performance or achievements to differ materially from any future results, performance or achievements, expressed or implied. disclaims any such forward-looking statements. Forward-looking statements are based primarily on the Company's expectations and judgments and are subject to certain risks and uncertainties, many of which are unforeseen and beyond our control. Factors that could cause actual results, performance or achievements to differ materially include risks identified in the company's annual report on Form 10-K, Form 10-Q and Form 8-K filed with the Commission. Stock Market and Securities. The Company undertakes no obligation to publicly update or revise its statements in the future as a result of new information, future events, historical practice or otherwise.

See the original version on businesswire.com: https://www.businesswire.com/news/home/20221017005424/eu/

MediaRelations@expro.com

KEY WORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEY WORD: ENVIRONMENT ENERGY OIL/GAS ENVIRONMENT

SOURCE: EXPRO

Copyright Business Wire 2022.

POSTED: 10/17/2022 04:30/DISC: 10/17/2022 04:32

http://www.businesswire.com/news/home/20221017005424/eu

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