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[blessings] 18/6/2006 13:24

Any one help in sussing out which company this is?
TIA,

Looked to me like Stolt now Acergy group they are Norse not UK company..
But they tick many of the boxes....

[blessings] 17/6/2006 22:59

Be Among the First to Learn About the Technology That's Single Handedly Keeping the Oil Industry Afloat...
The amount of oil underneath the deepest regions of the sea is nothing new. But, due to a lack of sufficient infrastructure, deep-sea drilling has always been very challenging...

Back in the 1970s deep-sea drilling meant 200 feet below the ocean's floor. Today those depths can reach up to 12,000 feet. You can imagine the complications this causes.

A high profile investigative journalist recently proclaimed: 'Drilling in the extreme temperatures and pressures beneath the ocean presents myriad technical challenges. For example, oil hot from the earth's core can become so cold upon reaching the sea bed that it can't move through pumps.'



One of the other problems deep-sea oil drillers have faced is finding the oil in the first place.

But since the 1960s, oil companies have spent hundreds of millions on deep-sea exploration and now 1.3 trillion secret barrels of oil have been located off the coasts of India, China and Africa, and in the British North Sea.

However, it just wasn't cost effective to go down and get the oil. That's until this company's technological innovations made it cheaper, faster, and safer to tap this underwater oil reserve the size of the Persian Gulf.

You see, as drill bits bear down beneath two miles of seawater and two more miles of rock to locate the oil, the gas bubbles they encounter pack the power of a high powered bomb.

Veterans of this deep-sea drilling say that a gas bubble the size of a ping pong ball at the bottom of one of these wells can expand to the size of a small car by the time it reaches the surface.

Freed from beneath the sea for the first time in a million-years, the gas decompresses violently in the underwater well's casing and riser, which serves as the protective shell of the well in the rock and ocean.

At the top of the well, high above the drilling ship's "moon pool" (or work area), a steel fabrication weighing tens of thousands of pounds takes the shock of what oilmen call a "kick' rocking the rig like an explosion hit it.

In addition, extremely cold temperatures can cause wax to build-up in oil retrieval lines causing lines to get backed up and preventing oil from making the long trip back to the water's surface. That is - until this company solved the problem.

"Advanced technology also allows development of resources that were not previously economically viable, such as deep-sea fields...these new sources of oil and gas will replace production from existing wells as they decline, and help to assure adequate oil and gas supplies to meet world energy needs for the foreseeable future."
- The Society of Petroleum Engineers

Its ability to provide the infrastructure necessary for oil companies to go deep into the ocean to grab this oil has been nothing short of remarkable.

By designing a revolutionary new type of riser tower - - that actually controls the climate temperature inside the lines and keeps it above the levels required to avoid wax build-up - - this company is saving thousands of barrels of oil from getting stuck inside retrieval lines and potentially becoming useless.

These new insulated towers are easier and cheaper to build and transport than older models and are set to become the standard for oil companies looking to avoid costly production delays and accidents on the rigs.

[thamestrader] 16/6/2006 14:08

This puts Expro in a very strong position in the DST market.
HAL, Geoservices (both bought became PWS) out if the equation, Expro, Schlumberger and Baker remain.
From five competitors to three in a matter of months, and at a very busy time.

[grgkecer] 16/6/2006 10:52

The acquisition seems entirely positive, and financing it with an old-fashioned rights issue, rather than a placing, shareholder-friendly.

[thamestrader] 19/5/2006 13:23

Bought back in at 699.9p

[the_owl] 20/4/2006 01:22

EXR is looking excellent - why so quiet on this thread?

GME oil services is also worth a look.
8th institution Shroders joined party with 10.10% after hours yesterday (19th April).

Here's where they're heading.



Best of luck DYOR

[grgkecer] 23/3/2006 15:22

The Sondex Trading Update seems to have enlivened these too.

[thamestrader] 14/3/2006 12:44

I haven't, BJ, I was hoping for a dip below 700p to get back in.
Probably being over optimistic/greedy waiting for that.
Still thinking/prevaricating/watching gormlessly, but positively.

I used to be indecisive, but now I'm not so sure.

[bigjohn75] 14/3/2006 10:38

TT;
Have you bought back in again mucka, or just biding your time.

[grgkecer] 08/3/2006 15:41

more than others in sector - Hunting is down 5%.

[thamestrader] 08/3/2006 13:51

Taken a bit of a hammering today - more than others in sector.

Is this the end of 700+, or a buying opportunity?

A chartist might say it needs to find support here, or it could drop another quid, but WDIK?

Even if it does find support here, it could jusrt be the right shoulder of an H&S formation, but again, WDIK?

[benson] 15/2/2006 19:55

What a lovely chart.

[benson] 06/2/2006 16:21

Lovely breakout.

[grgkecer] 20/1/2006 14:07

The presentation seems to have been effective.

[bluebelle] 11/1/2006 13:26

Excellent figures today and good market reaction. Still some way to go IMHO

[benson] 11/1/2006 11:34

840 target on the point and figure chart

[grgkecer] 11/1/2006 11:11

Now past the 2001 peak.

[thamestrader] 16/12/2005 10:25

Indeed, jonck.
So much so that I sold out yesterday at 573.1p.

[jonck] 16/12/2005 10:21

Been exprodinarly good this month!

[thamestrader] 14/12/2005 15:22

Probably right, grgkecer, probably right.

[grgkecer] 14/12/2005 14:44

New thread? How would it help? As for the title, another year or so and it will be just right.

[thamestrader] 13/12/2005 10:00

Thanks for posting, jonck.

Probably need a new thread for this baby.
This one has an inappropriate title, and has gone very stale.

[jonck] 13/12/2005 08:13

RNS Number:5487V
Expro International Group PLC
13 December 2005


Embargoed until 0700
13 December 2005

EXPRO INTERNATIONAL GROUP PLC

Expro announces another $85m of contract wins
Notification of Investor Visit

Expro International Group PLC ('Expro') today announces it has been awarded a
contract by Chevron Nigeria Ltd. to provide a barge mounted Early Production
System ('EPS'). The EPS will be capable of producing 50,000 barrels of oil per
day with water injection of up to 100,000 barrels per day. Operations are
scheduled to start in the first quarter of 2006. The contract is for a period of
two years. This will be the third facility of this type that Expro has
constructed and operated in Nigeria. Previous barge mounted production
facilities have been provided to Shell Petroleum Development Co. and to Brass
Exploration. Expro currently has a local workforce of over one hundred and the
new facility will provide employment for additional local staff.

Expro has also been awarded a contract by Shell Brasil Ltda. to supply Extended
Well Testing ('EWT') facilities for its drilling programme in the Santos Basin
offshore Brasil. This follows the successful completion of a similar EWT for
Shell on the Malampaya Field offshore the Philippines in 2002. The facility will
be capable of handling up to 10,000 barrels of oil per day for transfer to a
tanker and will be mobilised in the second quarter of 2006.

Commenting on the announcement, Expro's Chief Executive Officer, Graeme Coutts,
said: "Both these contracts, valued together at over $50 million, are further
evidence of Expro's proven track record in the field of Production Solutions,
following closely on the heels of the successful start up of an EPF for Exxon on
Sakhalin Island in Eastern Russia earlier this year."

Another of the Group's Global Businesses has seen the recent award of contracts
worth $35 million. Subsea Safety Systems has secured contracts for the supply
and operation of subsea intervention systems for Shell and BHP in SE Asia and
for Chevron offshore Nigeria. The contracts range from between one and four
years.

Expro is also today hosting an investor visit at its Aberdeen Technology Centre.
This is an informal visit focussing on Subsea operations and innovations which
will include technical demonstrations of hardware. A copy of the presentations
given at the meeting will be available on the Company's website from 12pm
(www.exprogroup.com).

During the course of the event the company does not intend to disclose any new
material information.

- Ends -

For further information, please contact:

Expro International Group PLC 01224 225700
Michael Speakman, Finance Director

Weber Shandwick Square Mile 020 7067 0700
James Chandler / Stephanie Badjonat



This information is provided by RNS
The company news service from the London Stock Exchange

END

[grgkecer] 26/11/2005 09:55

Escaped harm in the Gulf this season, too.