Expro International Group
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Expro International Group | |
---|---|
Type | Public (LSE: EXR) |
Founded | 1973 |
Headquarters | Reading, UK |
Key people | Chris Fay, Chairman Graeme Coutts, CEO |
Industry | Energy |
Revenue | £609.7 million (2007) |
Operating income | £93.2 million (2007) |
Website | www.exprogroup.com |
Expro International Group plc (LSE: EXR) is a leading British-based oil and gas well management business. It is headquartered in Reading and is a constituent of the FTSE 250 Index.
Contents |
[edit] History
The business was founded by J. Trewhella, J. Ross and H. Green in 1973 at Great Yarmouth as Exploration & Production Services (North Sea) Ltd with the objective of carring out well testing in the North Sea. In 1986 some 84% of the company was acquired by Flextech from whom the management subsequently bought out the business in 1992. The company was first listed on the London Stock Exchange in 1994. In 2006 it acquired PowerWell Services, another leading well management concern.[1] In 2008 Halliburton made a £1.7bn takeover offer for the business.[2]
[edit] Structure
The business is organised into two geographic areas:
- Eastern hemisphere - Europe, Former Soviet Union, Middle East and Asia
- Western hemisphere - North America, Latin America