Expro Group Holdings Acquires Enhanced Well Technologies Group (Enhanced Drilling)
May 5, 2026
Expro entered into a definitive agreement to acquire Enhanced Well Technologies Group AS (Enhanced Drilling) for approximately 2 billion Norwegian kroner (~$215 million) in cash, subject to customary closing conditions. The acquisition was subsequently completed, and Expro plans to integrate Enhanced Drilling’s managed pressure drilling (MPD) and riserless mud recovery services to expand its well construction and drilling-technology capabilities globally.
- Buyers
- Expro Group Holdings N.V.
- Targets
- Enhanced Well Technologies Group AS (Enhanced Drilling)
- Industry
- Energy
- Location
- Norway
- Transaction Type
- Buyout
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