---
title: "Expro Completes Acquisition of Enhanced Drilling"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/293664997.md"
description: "Expro Ltd has completed the acquisition of Enhanced Well Technologies Group AS for approximately $215 million in cash. This strategic move positions Expro as a leading provider of next-generation drilling technologies, including managed pressure drilling. The company intends to expand Enhanced Drilling's market penetration globally, targeting regions such as Brazil, West Africa, and Australia. Additionally, equity awards were granted to former Enhanced Drilling employees as inducement grants."
datetime: "2026-07-23T20:22:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/293664997.md)
  - [en](https://longbridge.com/en/news/293664997.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/293664997.md)
generator: "portal-rs"
---

# Expro Completes Acquisition of Enhanced Drilling

In a recent announcement, Expro Ltd (NYSE: XPRO) revealed the completion of the acquisition of Enhanced Well Technologies Group AS (“Enhanced Drilling”). The transaction involved Expro buying Enhanced Drilling for around 2 billion Norwegian kroner (NOK), equivalent to approximately $215 million in cash, along with customary closing adjustments and working capital. This acquisition has positioned Expro as a prominent supplier of advanced drilling technologies, marking a significant development for the company.

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**