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Expro Boosts Romanian Growth With $10M+ Contracts for Black Sea Project

1. XPRO awarded over $10 million contracts for Romania's Neptun Deep gas project. 2. Contracts employ advanced energy technologies, enhancing XPRO's market position.

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FAQ

Why Bullish?

The $10 million contract supports significant revenue growth, similar to previous project wins which positively affected XPRO stock.

How important is it?

The sizeable contract enhances XPRO's revenue and strengthens its market presence, indicating substantial potential for growth.

Why Long Term?

Successful execution of these contracts could lead to future opportunities, enhancing long-term revenue streams.

Related Companies

OMV
HOUSTON--(BUSINESS WIRE)--Expro (NYSE: XPRO), a leading provider of energy services has been awarded major contracts from OMV Petrom, totalling more than $10 million USD for the Neptun Deep gas project in the Black Sea. The contracts involve Expro's subsea landing string (SSLS), SeaCure® cementing technology, tubular running services (TRS) and Coretrax Advance drilling tools to support the project in offshore Romania. Neptun Deep is the largest natural gas project in the Romanian Black Sea and.

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