Expro Wins Over $30M Well Intervention and Integrity Contract for Major Project in Uganda
Portfolio Pulse from Benzinga Newsdesk
Expro Group Holdings N.V. (NYSE:XPRO) has secured a five-year Well Intervention and Integrity contract worth over $30 million with TotalEnergies EP Uganda for the multi-well Tilenga project. Expro's innovative environmental solution and commitment to national recruitment contributed to winning the contract.
June 05, 2023 | 8:19 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Expro Group (NYSE:XPRO) has won a $30 million+ contract with TotalEnergies EP Uganda for the Tilenga project, which may boost its revenues and strengthen its market position.
Expro's securing of the $30 million+ contract with TotalEnergies EP Uganda for the Tilenga project is likely to have a positive short-term impact on its stock price. The contract will boost the company's revenues and demonstrates its ability to provide innovative environmental solutions and commitment to national recruitment, which may strengthen its market position.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100