Expro Provides Update On Vessel-Deployed Lightwell Intervention Business
Portfolio Pulse from Benzinga Newsdesk
Expro has suspended its vessel-deployed Lightwell Intervention (LWI) operations following an incident. The company is currently working with stakeholders and independent experts to assess the situation and plan the recovery operation.
September 28, 2023 | 6:15 am
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NEGATIVE IMPACT
Expro's suspension of its LWI operations could potentially impact its productivity and revenues in the short term. The company's response to the incident and recovery plans will be crucial.
The suspension of LWI operations, a key part of Expro's business, could lead to a decrease in productivity and potential revenue loss. The company's ability to quickly and effectively respond to the incident and implement recovery plans will be crucial in mitigating these potential impacts.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100