Expro strengthens portfolio with acquisition of Enhanced Drilling

Energy services provider Expro is strengthening its drilling and completion capabilities with the acquisition of Norway-based Enhanced Drilling, a technology leader in managed pressure drilling (MPD), in a deal valued at around US$215mn

The proposed acquisition advances Expro’s strategy to grow through differentiated, technology-enabled solutions by adding advanced managed pressure drilling capabilities that enable improved efficiency and simplified well architecture within challenging formations where conventional drilling approaches are less effective.

Enhanced Drilling’s capabilities also enable earlier involvement in well construction design and planning, allowing Expro to help customers solve critical technical challenges that improve well delivery, reduce operational risk, and increase execution certainty.

The acquisition will enable Expro to work more closely with its clients to optimise their drilling and well construction designs and programmes, strengthening the competitiveness of Expro’s broader portfolio in the drilling wells market and helping to accelerate growth as the technology scales across global offshore markets.

Enhanced Drilling has a long track record of delivering proprietary MPD solutions across offshore environments. Its technologies are designed to help operators manage narrow drilling windows, improve wellbore control and reduce non-productive time, and can simplify well designs by reducing casing requirements, improving overall well construction efficiency. Leveraging Expro’s global operating footprint and customer relationships, the acquisition is expected to accelerate the broader international adoption of Enhanced Drilling’s technologies in key offshore basins.

Michael Jardon, Expro chief executive officer, said, “We are delighted to announce our proposed acquisition of Enhanced Drilling and look forward to welcoming the team to Expro. Enhanced Drilling is a strong strategic fit that expands our portfolio and strengthens our relevance in Norway, a market recognised for technical leadership in offshore operations. Their MPD technologies complement Expro’s existing capabilities and align closely with our focus on helping customers improve efficiency, manage risk, and deliver wells with greater certainty. We believe Expro’s scale and operating footprint can accelerate access to these technologies across a wider range of offshore markets.”

Kjetil Lunde, chief executive officer at Enhanced Drilling, added, “This transaction marks an exciting new chapter for Enhanced Drilling and our employees. Becoming part of Expro provides an opportunity to scale our technologies through a global organisation with deep operational expertise and long-standing customer relationships. We look forward to working together to expand the reach of our solutions.”

The transaction is expected to close in the third quarter of 2026.