Strategic Acquisition PRT Offshore was acquired by Expro Group for approximately $106 million in August 2023, signaling a strong corporate backing and potential access to Expro’s larger customer base, distribution channels, and cross-sell opportunities in offshore oilfield services.

Deepwater Expertise Positioned as deepwater well completion and intervention specialists with surface and subsea support from Hook to Hanger, PRT Offshore can leverage Expro’s subsea portfolio to offer integrated, technology-enabled solutions for complex offshore projects.

Geographic Footprint Headquartered in Houston with operational facilities in Louisiana, the company serves near-shore and offshore Gulf of Mexico markets, presenting sales opportunities to expand fleet utilization, rental equipment uptime, and service contracts across Gulf operations.

Technology Enablement Existing tech stack and integration with Expro’s market-leading subsea portfolio create potential for selling enhanced data, remote monitoring, and digitalized rental solutions to improve efficiency and reduce downtime on offshore wells.

Scale Advantage With a revenue posture in the multi-billion range of sectors and peers like Baker Hughes and Halliburton as market context, there is opportunity to position PRT Offshore/Expro as a cost-effective, high-service alternative for mid to large-scale offshore interventions and rental equipment needs.