Expro has won a US $100m well contract in Ghana from Tullow Oil although its revenue from the region has fallen compared to last year. Expro said that sub-Saharan Africa revenue was down 7.5% to $262.6m for the full year with a good performance in Angola offset by lower activity in the Gulf of Guinea and East Africa as a result of lower exploration and appraisal activity. The company said it is focussing on collaborating with customers during the downturn to increase efficiency with a strong focus on engineered solutions that reduce field development and operating overheads, and enhance production.
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