Expro Group Holdings N.V., in its financial and operational results for the first quarter of 2025, reported notable progress in offshore well intervention operations across the Middle East and North Africa (MENA) region.
The company posted US$94mn in MENA revenue for Q1 2025—a 1% increase compared to the previous quarter—supported by growth in well intervention and integrity activities in Qatar, enhanced production solutions in Algeria, and expanded Coretrax well construction work.
Significantly, Expro successfully concluded deepwater Tubular Running Services (TRS) for two exploration wells in the East Mediterranean. These operations demonstrated the company's ability to deliver reliable and efficient offshore services under complex conditions, reinforcing Expro’s reputation for safety and technical excellence in deepwater environments.
A major technology milestone in the region was the successful pilot of Expro’s QPulse multiphase flow meter in Saudi Arabia’s Jaffurah field. The system showed strong correlation with traditional test separators, validating it as a standalone, non-intrusive solution for production testing. Portable and environmentally conscious, QPulse enables real-time performance monitoring without production deferrals or safety risks, positioning it as a forward-looking tool in the company’s offshore intervention arsenal.
Segment EBITDA for MENA rose to US$34mn with a margin of 37%, up from 35% in Q4 2024, driven by improved activity mix.
This article is based on Expro’s Q1 2025 report, which outlines operational and technological advancements across multiple global regions.
