Acquiring Company
Expro Group Holdings N.V
Acquired Company
Enhanced Drilling
HoustonEnergyOil And GasRenewable EnergyConstructionBiomass EnergyDescription
Expro Group Holdings N.V. has announced a definitive agreement to acquire Enhanced Well Technologies Group AS for approximately 2 billion Norwegian kroner in cash. The acquisition is set to enhance Expro's technology offerings in managed pressure drilling. This strategic move aims to expand Expro's services related to drilling and completion activities. The deal includes customary closing and working capital adjustments.
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Frequently asked
Who acquired Enhanced Drilling?
Enhanced Drilling was acquired by Expro Group Holdings N.V, based in Houston. The deal was reported on May 5, 2026. Expro is a leading provider of energy services, offering cost-effective, innovative solutions and what the Company considers to be best-in-class safety and service quality. Expro Group Holdings N.V is privately held and operates in Energy.
When did Expro Group Holdings N.V acquire Enhanced Drilling?
Expro Group Holdings N.V's acquisition of Enhanced Drilling was reported on May 5, 2026. Expro Group Holdings N.V. has announced a definitive agreement to acquire Enhanced Well Technologies Group AS for approximately 2 billion Norwegian kroner in cash. The acquisition is set to enhance Expro's technology offerings in managed pressure drilling. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Enhanced Drilling do?
Enhanced Drilling specializes in managed pressure drilling technologies. Primarily operating offshore Norway and in the Gulf of America, it focuses on controlled mud level drilling and riserless mud recovery. It is privately held.
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