Petrotech AS

Name

Petrotech AS

Legal name

Expro International Group Ltd

Website

https://exprogroup.com

Company type

Public

Founded year

1940

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Oil and Gas Energy Well Services

NAICS

Oil and Gas Field Machinery and Equipment Manufacturing (333132)

SIC

Oil & Gas Field Machinery & Equipment (3533), Oil & Gas Field Services, Nec (1389)

akta.pro primary industry

Production Services & Artificial Lift (ESP, Rod Lift, Gas Lift, Chemicals) (EUALABAH)

akta.pro secondary industry

Oilfield Equipment Manufacturing & Supply (Wellheads, BOPs, Surface Equipment) (EUALABAL)

Keywords

• Oil and gas services
• Well construction services
• Well intervention integrity
• Subsea well services
• Production optimization services

Headquarters

HQ city

Reading

HQ country

United Kingdom

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Infrastructure, Marketing or Sales, Supply Chain

Revenue model

1. Energy Services: Expro generates revenue through providing comprehensive energy services across the well lifecycle including well construction, well testing, well intervention, subsea services, production optimization, and well decommissioning. Revenue is generated through project-based professional services contracts with major oil and gas operators globally.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels9 records

Core offering

Petrotech AS is associated with Expro Group, a full-cycle energy services provider delivering well construction, well flow management, subsea, well intervention and integrity, and production solutions to oil and gas operators globally. The company combines specialized engineering services with proprietary technologies including DFOS surveillance, SONAR flow metering, expandable casing patches, and wireless downhole gauges to support exploration, development, production, workover, and decommissioning activities.

Product overview

Expro provides a comprehensive portfolio of energy services across the full well lifecycle, organized into six core service lines: Well Construction, Well Flow Management, Subsea, Well Intervention and Integrity, Production Solutions, and the Coretrax sub-brand. The offering spans from exploration and appraisal through development, production, and well decommissioning. Core technologies include Distributed Fiber Optic Sensing (DFOS) for surveillance, SONAR Meter non-intrusive flow measurement, CoilHose intervention technology, Octopoda annulus remediation, and the Coretrax family of expandable casing patches (ReLine WL, ReLine HYD, ReLine MNS, CX-2 Bridge Plug). The company operates in over 60 countries with 7,000+ employees.

Differentiator

Problem solved

Functional benefit

Brands

• Coretrax: Innovative wellbore cleanup, integrity, and intervention technologies across the full oil and gas well lifecycle.
• Solus
• Octopoda
• CoilHose
• SONAR Meter
• QPulse
• CaTS
• Velonix
• HI TOOL

Products and services

• Well Construction Comprehensive well construction services ensuring safe, efficient, and on-time project delivery, covering safe and efficient reservoir access, end-to-end well construction and commissioning, and long-term production success for oil and gas operators.
• Well Flow Management Flow measurement, reservoir characterization, and production data solutions using technologies such as SONAR Meter, QPulse, DFOS, and DST/TCP to improve operations and increase financial returns for oil and gas operators.
• Subsea Well Services Over 35 years of industry-leading subsea technology and expertise maximizing safe production throughout the well lifecycle, including the Solus shear-and-seal system for subsea well control.
• Well Intervention and Integrity Targeted diagnostics, repairs, and intervention technologies (including CoilHose, Octopoda, ReLine WL/HYD/MNS, and CaTS wireless gauges) for accurate well data capture, wellbore integrity restoration, and production optimization.
• Production Solutions Fast-track, cost-effective early field production, optimization, and emissions management services for operators across the production and brownfield phase of the well lifecycle.
• Coretrax Wellbore Cleanup, Integrity, and Intervention Acquired sub-brand offering innovative wellbore cleanup, integrity, and intervention technologies across the full oil and gas well lifecycle, including ReLine WL, ReLine HYD, ReLine MNS, CX-2 Bridge Plug, and CX-SV Cement Retainer Valve.
• Distributed Fiber Optic Sensing (DFOS) Integrated surveillance solution providing simultaneous DTS (Distributed Temperature Sensing) and DAS (Distributed Acoustic Sensing) for wellbore monitoring, injection allocation, and zonal isolation confirmation across oil, gas, geothermal, and CCS applications.
• SONAR Meter Non-intrusive clamp-on flow metering technology using proprietary SONAR principles for multiphase flow measurement, wet gas applications, gas volume fraction detection, and production surveillance without disrupting operations.
• QPulse Multiphase Flow Measurement Non-intrusive portable multiphase flow surveillance solution combining proprietary SONAR Meter technology with the MultiTrace tracer dilution technique for independent gas, condensate, and water rate measurement across wet gas wells.
• CaTS Wireless Downhole Gauges Wireless downhole monitoring system providing 5+ years of long-term reservoir behavior monitoring and tidal data capture without requiring wired connections.
• CoilHose Light Well Circulation Light well circulation solution combining wireline efficiency with pumping capability for well kick-offs, wellbore solids removal, and intervention operations.
• Octopoda Annulus Intervention System Rigless remediation system for sustained casing pressure, restoring annulus integrity and extending well life through OBM displacement and resin deployment.
• ReLine WL Expandable Casing Patch Wide-bore expandable casing patch deployable via wireline for isolating multiple perforations, water shut-off, and well integrity restoration with 200% greater flow area than traditional straddles.
• ReLine HYD Expandable Liner Expandable liner system designed for well integrity solutions, particularly for CO2 injector wells and CCS applications.
• ReLine MNS Casing Patch Cased hole casing patch addressing casing corrosion and integrity issues in producing wells.
• CX-2 Drillable Bridge Plug Drillable cement bridge plug for well abandonment and plug-and-abandonment (P&A) operations, used in campaigns that have saved over 57 hours.
• HI TOOL Harmonic Isolation Tool Downhole service tool that improves rate of penetration (ROP) and protects rotary steerable system (RSS) performance during drilling operations.
• Solus Shear-and-Seal Subsea Well Control System Introduced as a simple way to reduce risk and increase efficiency in subsea operations management; advances subsea well control through a shear-and-seal mechanism.
• Drill Stem Testing (DST) and Tubing Conveyed Perforation (TCP) Specialist downhole testing services for reservoir characterization and well flow assessment, including unconventional well testing and flowback services.

Quantifiable outcome

• 31% reduction in unwanted water production and ~1,400 bbls/day increase in oil production through ReLine WL deployment
• +6 more outcomes

Named customers8 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Oceaneering International: Oceaneering competes with Expro in subsea intervention, wellhead tooling, and production support, particularly for offshore operators in the Gulf of Mexico, North Sea, and offshore West Africa.
• Archer Limited: Archer provides oilfield services and drilling solutions in the North Sea and Latin America, overlapping with Expro's well construction and intervention footprint in mature basins, particularly Norway.
• TechnipFMC: TechnipFMC competes with Expro in subsea wellhead systems and integrated subsea production projects, particularly on deepwater developments where Expro's Subsea service line is positioned.
• Halliburton: Halliburton's Completion & Production and Drilling & Evaluation divisions overlap directly with Expro's well construction, intervention and integrity, and well flow management service lines, including competing for managed pressure drilling and P&A contracts.
• Weatherford International: Weatherford is a direct peer in well construction, intervention, and P&A, with overlapping product portfolios in artificial lift-adjacent and wellbore remediation services comparable to Expro's ReLine and Coretrax offerings.
• Baker Hughes: Baker Hughes' Oilfield Services & Equipment segment competes with Expro in well intervention, production solutions, subsea, and increasingly CCUS — the same energy transition verticals Expro has prioritized in its go-to-market.
• SLB (Schlumberger): The largest integrated oilfield services company globally, SLB competes directly with Expro across well construction, intervention, flow measurement, and digital well surveillance, and is a frequent bidder against Expro in NOC and IOC tenders.

Broad incumbents

• Saipem: Saipem is a broader energy services and EPC incumbent with overlapping capabilities in drilling, subsea, and energy transition projects (including CCS), positioning it as a competitor in integrated tenders where Expro participates as a specialist.

Emerging players

• Core Laboratories: Core Laboratories provides reservoir description and production optimization services that overlap with Expro's well flow management and reservoir characterization offerings for both upstream oil & gas and emerging CCS applications.
• TETRA Technologies: TETRA competes in well intervention, water management, and P&A — areas adjacent to Expro's Well Intervention & Integrity and Production Solutions service lines, particularly in U.S. shale and mature onshore fields.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/ExproGroup
• YouTubeyoutube.com/user/ExproGroup1
• Facebookfacebook.com/exprogroup
• LinkedInlinkedin.com/company/petrotech-as
• Instagraminstagram.com/exprogroup

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Petrotech AS