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FRANK'S INTERNATIONAL

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uuid002ah9y

Namestring
FRANK'S INTERNATIONAL
Legal namestring
Frank's International N.V.
Company typeenum
Private
Founded yearint
1987
Descriptiontext

Frank's International N.V. was a Houston-based global oil services company specializing in tubular running, well construction, and completion services for offshore and onshore drilling operators. Founded in 1938 per firmographic data and headquartered in Houston, TX, the company operated US field offices in Houston, Houma (LA), and Vernal (UT), delivering specialized drilling and well intervention services to oil and gas operators. Pre-merger, Frank's was publicly traded on the NYSE under ticker FI and carried 85+ years of operational heritage in offshore well services. The combined entity operates across six integrated service lines — Well Construction, Well Flow Management, Subsea, Well Intervention and Integrity, Production Solutions, and Coretrax — covering the full well lifecycle from exploration and appraisal through development, production, workover, and decommissioning.

In December 2025, Frank's International completed a merger with Expro (NYSE: XPRO), combining Frank's tubular running and well construction franchise with Expro's well flow management, subsea, and intervention capabilities. The combined entity is now publicly traded on the NYSE under ticker XPRO, operates in 60+ countries with 7,000+ employees, and is led through Expro's corporate structure. The merged platform explicitly addresses energy transition verticals including CCUS, geothermal, hydrogen, water management, emissions management, and mineral extraction in addition to traditional oil and gas services. No standalone revenue figures for Frank's International were disclosed in the source materials, and customer concentration details were not specified, though offshore oil services is a structurally concentrated industry dependent on IOC and NOC contracts.

Operating statusenum
Acquired
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersHouston, United States
HQ citystring
Houston
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
oilfield services, well construction, well intervention, tubular running, subsea completion
Industry4 codes
1Well Completions & Stimulation (Hydraulic Fracturing, Sand Control)
CodeEUALAAAEPrimaryNo
2Completion Tools & Subsurface Equipment (Packers, Liners, Valves, Sand Control)
CodeEUALABADPrimaryNo
3Production Operations & Well Optimization (Artificial Lift, Flow Assurance)
CodeEUALAAAFPrimaryNo
4Decommissioning, Plug & Abandonment (P&A) & Abandonment Liability Management
CodeEUALAAAKPrimaryNo
NAICS code3 codes
  • Oil and Gas Field Machinery and Equipment Manufacturing333132
  • Mining and Oil and Gas Field Machinery Manufacturing33313
  • Support Activities for Oil and Gas Operations213112
SIC code1 code
  • Oil & Gas Field Services, Nec1389
Product category
Oilfield Services
Cost components5 values
Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

Frank's International is a global oilfield services company providing tubular running, well construction, completion, and intervention services to upstream oil and gas operators. Following its December 2025 merger with Expro, the combined entity delivers full-cycle well services across exploration and appraisal, development, production and brownfield, workover and intervention, and well decommissioning stages.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Following the merger with Expro, Frank's International operates as part of a unified platform offering full-cycle energy services across the entire well lifecycle. The combined portfolio consists of six main service offerings: Well Construction (end-to-end well construction and commissioning), Well Flow Management (flow measurement and reservoir characterization), Subsea (completion and intervention services with 35+ years of expertise), Well Intervention and Integrity (wellbore integrity and production optimization), Production Solutions (fast-track early field production and optimization), and Coretrax (wellbore cleanup and intervention technologies acquired as a branded offering). The company provides services across multiple lifecycle stages from exploration and appraisal through well decommissioning.

Product and service6 records
1Well Construction
CategoryWell construction services
Description

End-to-end well construction and commissioning services for upstream oil and gas operators, covering safe, efficient, on-time project delivery.

2Well Flow Management
CategoryWell flow management services
Description

Flow measurement, reservoir characterization, and production data solutions to improve upstream operations and financial returns for E&P operators.

3Subsea
CategorySubsea services
Description

Subsea completion and intervention services backed by 35+ years of industry-leading technology, maximizing safe production throughout the well lifecycle for offshore operators.

4Well Intervention and Integrity
CategoryWell intervention services
Description

Well intervention and integrity solutions for accurate well data capture, wellbore integrity assurance, and production optimization for upstream oil and gas operators.

5Production Solutions
CategoryProduction services
Description

Fast-track, cost-effective early field production, production optimization, and emissions management solutions for upstream oil and gas operators.

6Coretrax
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2025-12-01
Description

Frank's International and Expro completed their merger, creating a full-cycle energy services company. The merger combines Frank's International's tubular running, well construction, and completion services with Expro's well flow management, subsea, and intervention capabilities, providing end-to-end services across the well lifecycle.

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Major diversified oilfield services provider with leading positions in completions, drilling, and production enhancement; competes directly with Frank's tubular running and well construction services as part of its integrated offerings.

TypeBroad incumbent
Description

Large oilfield services and industrial energy technology company with overlapping capabilities in well construction, completions, intervention, and production; competes with Frank's/Expro in offshore and unconventional plays.

TypeDirect peer
Description

Oilfield services specialist focused on well construction, completions, intervention, and artificial lift; directly competes with Frank's/Expro in well construction and intervention services across mature and offshore fields.

TypeDirect peer
Description

U.S.-focused drilling contractor and pressure pumping services provider with overlap to Frank's North American well construction and directional drilling activities.

TypeDirect peer
Description

Subsea-focused oilfield services and engineering company with strong overlap to Frank's/Expro's subsea, intervention, and well construction offerings, particularly in deepwater projects.

TypeEmerging player
Description

Provider of reservoir description and production enhancement services; overlaps with Frank's/Expro's production solutions, reservoir characterization, and well intervention offerings, though more focused on diagnostics.

TypeBroad incumbent
Description

World's largest oilfield services company offering drilling, completions, production, and digital across the full well lifecycle; overlaps with Frank's/Expro in well construction, intervention, and subsea, but with a much broader and globally diversified portfolio.

TypeDirect peer
Description

The merger counterparty that absorbed Frank's International; combined entity now operates as Expro (NYSE: XPRO) providing well construction, well flow management, subsea, intervention, production solutions, and Coretrax services globally.

TypeDirect peer
Description

Provider of subsea engineering, intervention tooling, and inspection services; directly competes with Frank's/Expro in subsea intervention, ROV operations, and wellhead tooling.

TypeDirect peer
Description

Large drilling rig operator and integrated drilling solutions provider; competes with Frank's tubular running services and well construction capabilities, particularly in U.S. unconventional plays.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

FRANK'S INTERNATIONAL

Oilfield Servicesfranksinternational.com

What FRANK'S INTERNATIONAL does

Frank's International N.V. was a Houston-based global oil services company specializing in tubular running, well construction, and completion services for offshore and onshore drilling operators. Founded in 1938 per firmographic data and headquartered in Houston, TX, the company operated US field offices in Houston, Houma (LA), and Vernal (UT), delivering specialized drilling and well intervention services to oil and gas operators. Pre-merger, Frank's was publicly traded on the NYSE under ticker FI and carried 85+ years of operational heritage in offshore well services. The combined entity operates across six integrated service lines — Well Construction, Well Flow Management, Subsea, Well Intervention and Integrity, Production Solutions, and Coretrax — covering the full well lifecycle from exploration and appraisal through development, production, workover, and decommissioning.

In December 2025, Frank's International completed a merger with Expro (NYSE: XPRO), combining Frank's tubular running and well construction franchise with Expro's well flow management, subsea, and intervention capabilities. The combined entity is now publicly traded on the NYSE under ticker XPRO, operates in 60+ countries with 7,000+ employees, and is led through Expro's corporate structure. The merged platform explicitly addresses energy transition verticals including CCUS, geothermal, hydrogen, water management, emissions management, and mineral extraction in addition to traditional oil and gas services. No standalone revenue figures for Frank's International were disclosed in the source materials, and customer concentration details were not specified, though offshore oil services is a structurally concentrated industry dependent on IOC and NOC contracts.

FRANK'S INTERNATIONAL firmographics

Firmographics
Name
FRANK'S INTERNATIONAL
Legal name
Frank's International N.V.
Website
https://franksinternational.com
Company type
Private
Founded year
1987
Operating status
Acquired
Headcount range
1,001–5,000 employees
Ownership category
akta.pro rank

Where FRANK'S INTERNATIONAL is headquartered

Location

Headquarters

HQ city
Houston
HQ country
United States
HQ region
North America

Offices3 records

Markets served

FRANK'S INTERNATIONAL business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Personnel, Operations, Technology or R&D, Supply Chain, Infrastructure

FRANK'S INTERNATIONAL product offering

Product offering

Core offering

Frank's International is a global oilfield services company providing tubular running, well construction, completion, and intervention services to upstream oil and gas operators. Following its December 2025 merger with Expro, the combined entity delivers full-cycle well services across exploration and appraisal, development, production and brownfield, workover and intervention, and well decommissioning stages.

Product overview

Following the merger with Expro, Frank's International operates as part of a unified platform offering full-cycle energy services across the entire well lifecycle. The combined portfolio consists of six main service offerings: Well Construction (end-to-end well construction and commissioning), Well Flow Management (flow measurement and reservoir characterization), Subsea (completion and intervention services with 35+ years of expertise), Well Intervention and Integrity (wellbore integrity and production optimization), Production Solutions (fast-track early field production and optimization), and Coretrax (wellbore cleanup and intervention technologies acquired as a branded offering). The company provides services across multiple lifecycle stages from exploration and appraisal through well decommissioning.

Differentiator

Problem solved

Functional benefit

Products and services

  • Well Construction End-to-end well construction and commissioning services for upstream oil and gas operators, covering safe, efficient, on-time project delivery.
  • Well Flow Management Flow measurement, reservoir characterization, and production data solutions to improve upstream operations and financial returns for E&P operators.
  • Subsea Subsea completion and intervention services backed by 35+ years of industry-leading technology, maximizing safe production throughout the well lifecycle for offshore operators.
  • Well Intervention and Integrity Well intervention and integrity solutions for accurate well data capture, wellbore integrity assurance, and production optimization for upstream oil and gas operators.
  • Production Solutions Fast-track, cost-effective early field production, production optimization, and emissions management solutions for upstream oil and gas operators.
  • Coretrax

Companies that use FRANK'S INTERNATIONAL

Customer profile

Ideal customer profiles1 record

FRANK'S INTERNATIONAL technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

FRANK'S INTERNATIONAL partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • ExprocoreStrategic or Co-development Partner · 1 December 2025Frank's International and Expro completed their merger, creating a full-cycle energy services company. The merger combines Frank's International's tubular running, well construction, and completion services with Expro's well flow management, subsea, and intervention capabilities, providing end-to-end services across the well lifecycle.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

FRANK'S INTERNATIONAL competitors and assessment

Company assessment

Broad incumbents

  • Halliburton: Major diversified oilfield services provider with leading positions in completions, drilling, and production enhancement; competes directly with Frank's tubular running and well construction services as part of its integrated offerings.
  • Baker Hughes: Large oilfield services and industrial energy technology company with overlapping capabilities in well construction, completions, intervention, and production; competes with Frank's/Expro in offshore and unconventional plays.
  • SLB (Schlumberger): World's largest oilfield services company offering drilling, completions, production, and digital across the full well lifecycle; overlaps with Frank's/Expro in well construction, intervention, and subsea, but with a much broader and globally diversified portfolio.

Direct peers

  • Weatherford International: Oilfield services specialist focused on well construction, completions, intervention, and artificial lift; directly competes with Frank's/Expro in well construction and intervention services across mature and offshore fields.
  • Patterson-UTI Energy: U.S.-focused drilling contractor and pressure pumping services provider with overlap to Frank's North American well construction and directional drilling activities.
  • TechnipFMC: Subsea-focused oilfield services and engineering company with strong overlap to Frank's/Expro's subsea, intervention, and well construction offerings, particularly in deepwater projects.
  • Expro Group Holdings: The merger counterparty that absorbed Frank's International; combined entity now operates as Expro (NYSE: XPRO) providing well construction, well flow management, subsea, intervention, production solutions, and Coretrax services globally.
  • Oceaneering International: Provider of subsea engineering, intervention tooling, and inspection services; directly competes with Frank's/Expro in subsea intervention, ROV operations, and wellhead tooling.
  • Helmerich & Payne: Large drilling rig operator and integrated drilling solutions provider; competes with Frank's tubular running services and well construction capabilities, particularly in U.S. unconventional plays.

Emerging players

  • Core Laboratories: Provider of reservoir description and production enhancement services; overlaps with Frank's/Expro's production solutions, reservoir characterization, and well intervention offerings, though more focused on diagnostics.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

FRANK'S INTERNATIONAL social profiles

Digital presence

FRANK'S INTERNATIONAL financial estimates

Financial estimate

Revenue estimate

Valuation estimate

FRANK'S INTERNATIONAL leadership team

Management profile

Number of profiles

Profiles3 records

FRANK'S INTERNATIONAL funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

FRANK'S INTERNATIONAL M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about FRANK'S INTERNATIONAL

What does FRANK'S INTERNATIONAL do?

Frank's International is a global oilfield services company providing tubular running, well construction, completion, and intervention services to upstream oil and gas operators. Following its December 2025 merger with Expro, the combined entity delivers full-cycle well services across exploration and appraisal, development, production and brownfield, workover and intervention, and well decommissioning stages.

Is FRANK'S INTERNATIONAL a public or private company?

FRANK'S INTERNATIONAL is a private company. It is classified as public and is currently acquired.

When was FRANK'S INTERNATIONAL founded?

FRANK'S INTERNATIONAL was founded in 1987. It employs 1,001 to 5,000 people.

Where is FRANK'S INTERNATIONAL based?

FRANK'S INTERNATIONAL is headquartered in Houston, United States, in the North America region.

Who are FRANK'S INTERNATIONAL's main competitors?

Broad incumbents on record are Halliburton, Baker Hughes and SLB (Schlumberger). Direct peers are Weatherford International, Patterson-UTI Energy, TechnipFMC, Expro Group Holdings, Oceaneering International and Helmerich & Payne. Core Laboratories is listed as an emerging player.

Does FRANK'S INTERNATIONAL have an API?

No public API is recorded for FRANK'S INTERNATIONAL.

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Live signals
OffsnetFrank’s International and Expro complete mergerExpro Group has completed its previously announced merger with Frank’s International N.V., combining their operations to form a new global entity named Expro Group Holdings N.V. The transaction aims to create a market leader in well access and drilling solutions, leveraging combined capabilities to capture cost and revenue synergies while supporting an expected industry recovery.MartiniFrank's International N.V.Frank's International N.V. currently holds a B4 credit rating with a 0.533% probability of default, reflecting a deteriorating credit quality and widening credit spread compared to peers in the oilfield services sector. The company's risk profile has been shaped by market conditions and sector dynamics, with its default probability fluctuating significantly between December 2021 and November 2025 before settling at its current level. Close monitoring of these factors is deemed crucial for assessing the company's future creditworthiness amidst ongoing commodity price volatility and regulatory changes.SWOT Analysis ExampleHow Does Frank's International Company Work?Frank's International, now part of Expro Group following a 2021 merger, provides engineered tubular services for the oil and gas sector, reporting $758 million in full-year revenue for 2023. The company maintains its market position through specialized tubular running and connection services while navigating industry challenges such as fluctuating crude prices and supply chain disruptions. Strategic initiatives focus on operational efficiency, technological innovation, and adapting to energy transition trends like carbon capture.Pestel AnalysisWhat is Brief History of Frank's International Company?Frank's International, a tubular services provider founded in 1938, merged with Expro Group in October 2021 to form a larger, diversified energy services entity. The article outlines the company's historical expansion, technological innovations in deep-water drilling, and its subsequent integration into Expro Group Holdings N.V., which continues to report financial performance and strategic growth initiatives.ExproExpro and Frank’s to Combine to Create a Leading Full-Cycle…Expro Group and Frank’s International announced a definitive all-stock merger to create a leading full-cycle energy services provider, with Expro shareholders receiving approximately 65% ownership of the combined entity. The transaction is expected to generate over $1 billion in pro forma annual revenue and deliver estimated annual cost synergies of $70 million within 36 months.ExproExpro and Frank’s Complete Merger, Creating a New Full-Cycle…Expro Group has completed its merger with Frank’s International N.V., creating a new full-cycle energy services leader that will trade on the NYSE under the symbol “XPRO.” The combined entity, retaining the Expro name, aims to leverage enhanced scale and synergies to support customers across the well lifecycle. This transaction positions the company for an expected industry recovery through a debt-free balance sheet and expanded global footprint.MapquestFrank's International, 1304 S 1200 E, Vernal, UT 84078, USThe article presents a promotional overview of Frank's International in Vernal, highlighting its role as an energy services provider offering solutions for well construction and production. It emphasizes the company's commitment to safety, efficiency, and sustainability within the oil and gas industry.OnestreamFrank's InternationalFrank's International, a global tubular services provider with roughly $500M in revenue, replaced legacy financial reporting and budgeting systems with OneStream after an IPO. The implementation was on-time and under-budget, with planning and forecasting delivered in 30 days and a full 18-month rolling forecast three months later.FcpaprofessorFrank’s International Resolves $8 Million FCPA Enforcement ActionThe SEC announced on April 27, 2023 that Frank's International N.V., now Expro Group Holdings N.V., resolved an approximate $8 million FCPA enforcement action over bribes paid to an Angolan official between 2008 and 2014. The company disgorged $4,176,858 plus $821,863 in interest and paid a $3 million penalty without admitting or denying the findings.ComplianceweekFrank’s International to pay $8M in FCPA caseDutch oilfield services provider Frank's International, now known as Expro Group Holdings N.V., agreed to pay nearly $8 million in a settlement with the Securities and Exchange Commission for alleged violations of the Foreign Corrupt Practices Act. The SEC alleged the company paid commissions to an Angolan sales agent from 2008 to 2014, knowing the funds would likely be used to bribe Angolan officials to secure oil drilling contracts. The settlement was announced Wednesday in an SEC administrative proceeding.