PRT Offshore
PRT Offshore provides specialized tower and compensation equipment for subsea well interventions — wireline, slickline, and coiled tubing operations from vessels, rig-less platforms, and tension leg platforms — serving deepwater oil and gas operators. Acquired by Expro Group in October 2023, it now operates as PRT Surface Deck Solutions within Expro's Subsea product line.
- Company typePrivate
- Founded2012
- HeadquartersHouston, United States
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What PRT Offshore does
PRT Offshore was a Houston-based specialist provider of tower and compensation systems used to conduct wireline, slickline, and coiled tubing interventions in deepwater and subsea oil and gas wells. The company's core products — the ProComp Tower, Intervention Work Tower, and Blue Sky Tower — are engineered to operate from vessel moonpools, vessel back decks, and dry tree installations on rig-less and tension leg platforms, addressing the mechanical and heave-compensation challenges of intervening in subsea wells without a conventional drilling rig.
The company's technology centers on specialized mechanical handling and heave compensation hardware rather than software, with the product family differentiated by deployment geometry and intervention use case (routine subsea intervention, workover, and advanced compensation requirements). Revenue was generated through equipment sales and rentals to oil and gas operators undertaking deepwater drilling and subsea intervention campaigns, using quote-based B2B industrial pricing.
PRT Offshore was acquired by Expro Group in October 2023, after which the business was reorganized as PRT Surface Deck Solutions under Expro's Subsea product line. Post-acquisition, PRT's products are distributed and serviced through Expro's global organization of 7,000+ employees across 60+ countries, with the legal entity now registered as EXPRO HOLDINGS UK 2 LIMITED in Reading, United Kingdom.
PRT Offshore firmographics
Firmographics- Name
- PRT Offshore
- Legal name
- EXPRO HOLDINGS UK 2 LIMITED
- Website
- https://prtoffshore.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Acquired
- Headcount range
- 101–250 employees
- Short description
- PRT Offshore provides specialized tower and compensation equipment for subsea well interventions — wireline, slickline, and coiled tubing operations from vessels, rig-less platforms, and tension leg platforms — serving deepwater oil and gas operators. Acquired by Expro Group in October 2023, it now operates as PRT Surface Deck Solutions within Expro's Subsea product line.
- Ownership category
- akta.pro rank
Where PRT Offshore is headquartered
LocationHeadquarters
- HQ city
- Houston
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
PRT Offshore business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Subsea Well Access Equipment and Services: PRT Offshore provides specialized tower and compensation solutions for subsea well access operations including wireline, slickline, and coiled tubing interventions. Revenue is generated through equipment rental/sales and associated services to oil and gas operators.
Go-to-market motion1 record
Distribution channels1 record
Marketing channels3 records
PRT Offshore product offering
Product offeringCore offering
PRT Offshore designs, manufactures, and delivers specialized tower and compensation systems for subsea well access operations, enabling efficient wireline, slickline, and coiled tubing interventions from vessel moonpools, back decks, rig-less platforms, and tension leg platforms. Following the October 2023 acquisition by Expro Group, the offering is commercialized as PRT Surface Deck Solutions within Expro's Subsea product line.
Product overview
PRT Surface Deck Solutions offers a suite of tower and compensation solutions for subsea well intervention operations. The product line includes the ProComp™ Tower (for vessel moonpool, back deck, and dry tree operations), Intervention Work Tower (for workover operations), and Blue Sky Tower (for advanced subsea applications). These solutions enable wireline, slickline, and coiled tubing interventions across various platform configurations including rig-less and tension leg platforms. Following Expro's acquisition of PRT Offshore in October 2023, these products are now integrated into Expro's Subsea product line under Well Intervention and Integrity services.
Differentiator
Problem solved
Functional benefit
Brands
- ProComp Tower: Tower solution for wireline, slickline, and coiled tubing interventions
- Intervention Work Tower
- Blue Sky Tower
Products and services
- ProComp™ Tower
Companies that use PRT Offshore
Customer profileSegments2 records
Ideal customer profiles2 records
PRT Offshore technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
PRT Offshore partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights4 records
PRT Offshore competitors and assessment
Company assessmentDirect peers
- TechnipFMC: TechnipFMC is a leading provider of subsea production systems, subsea trees, and wellhead equipment for the offshore oil and gas industry. It directly competes with PRT Offshore in supplying specialized equipment for subsea well access and intervention operations targeting deepwater operators.
- Aker Solutions: Aker Solutions designs and delivers subsea production systems, intervention tools, and offshore equipment for global oil and gas operators. Its subsea well access portfolio directly overlaps with PRT Offshore's tower and compensation systems used in deepwater intervention campaigns.
- Oceaneering International: Oceaneering provides subsea intervention services, remotely operated vehicles (ROVs), and specialized tooling for offshore well access. Its intervention tooling and well access offerings are directly comparable to PRT's tower systems used for wireline, slickline, and coiled tubing operations.
- Helix Energy Solutions Group: Helix Energy Solutions is a provider of well intervention and decommissioning services, operating specialized vessels and intervention systems. It directly competes with PRT in delivering subsea well access solutions for offshore operators through its well intervention product line.
- Forum Energy Technologies: Forum Energy Technologies manufactures a broad range of oilfield equipment including subsea intervention tooling and wireline equipment. Its subsea and intervention product lines overlap with PRT's tower and compensation systems used in offshore well access operations.
- Welltec: Welltec is a global provider of well intervention services and robotic wireline technology for onshore and offshore applications. Its intervention tooling and conveyance solutions are directly comparable to PRT's tower systems used in subsea well access operations.
Broad incumbents
- Subsea 7: Subsea 7 is a major subsea engineering, construction, and installation contractor serving offshore oil and gas operators worldwide. While broader in scope than PRT, it overlaps in providing subsea infrastructure and intervention support services for deepwater projects.
- Saipem: Saipem is a global engineering and construction company with significant subsea and offshore capabilities, including subsea wells and intervention services. It serves similar deepwater operator customers as PRT but operates across a much broader energy services portfolio.
- National Oilwell Varco (NOV): NOV is one of the largest oilfield equipment manufacturers globally, producing subsea wellhead systems, intervention equipment, and offshore drilling components. While not a niche intervention specialist like PRT, NOV competes in adjacent subsea equipment categories serving the same deepwater customer base.
- SLB (Schlumberger): SLB is the world's largest oilfield services company, offering an integrated subsea well intervention and intervention services portfolio. Its Cameron subsea products and Well Services intervention capabilities make it a broad incumbent serving the same deepwater operator customers as PRT Offshore.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights5 records
Customer concentration
PRT Offshore social profiles
Digital presencePRT Offshore financial estimates
Financial estimateRevenue estimate
Valuation estimate
PRT Offshore leadership team
Management profileNumber of profiles
Profiles1 record
PRT Offshore funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PRT Offshore M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PRT Offshore
What does PRT Offshore do?
PRT Offshore designs, manufactures, and delivers specialized tower and compensation systems for subsea well access operations, enabling efficient wireline, slickline, and coiled tubing interventions from vessel moonpools, back decks, rig-less platforms, and tension leg platforms. Following the October 2023 acquisition by Expro Group, the offering is commercialized as PRT Surface Deck Solutions within Expro's Subsea product line.
Is PRT Offshore a public or private company?
PRT Offshore is a private company. It is classified as corporate owned and is currently acquired.
When was PRT Offshore founded?
PRT Offshore was founded in 2012. It employs 101 to 250 people.
Where is PRT Offshore based?
PRT Offshore is headquartered in Houston, United States, in the North America region.
How does PRT Offshore make money?
One revenue line is on record: subsea Well Access Equipment and Services.
Who are PRT Offshore's main competitors?
Direct peers on record are TechnipFMC, Aker Solutions, Oceaneering International, Helix Energy Solutions Group, Forum Energy Technologies and Welltec. Broad incumbents are Subsea 7, Saipem, National Oilwell Varco (NOV) and SLB (Schlumberger).
Does PRT Offshore have an API?
No public API is recorded for PRT Offshore.