HOUSTON: Helix Energy Solutions Group Inc (HLX.N) on Wednesday reported a third-quarter profit of $22.1 million, or 15 cents per diluted share, reversing a loss of $2.6 million in the prior quarter, as robust performance in its Robotics and Shallow Water segments offset offshore headwinds. The Houston-based offshore energy services firm posted adjusted EBITDA of…
Tag: well intervention
Expro to acquire Coretrax for $210 million
Expro, a leading provider of energy services, announced today that it had agreed to buy Coretrax, a technology leader in performance drilling tools and wellbore cleanup, well integrity and production optimization solutions, for approximately $210 million. The deal, which is expected to close in the second quarter of 2024, will enable Expro to expand its…