EXPRO GROUP HOLDINGS N.V. Business Summary

Expro Group Holdings N.V. (XPRO) operates as a leading energy services provider, generating revenue through a service-intensive model that spans the entire well lifecycle for upstream oil and gas operators. The company’s primary business is organized into four technical segments: Well Construction, Well Flow Management, Subsea Well Access, and Well Intervention and Integrity. Geographically, operations are diversified across North and Latin America (NLA), Europe and Sub-Saharan Africa (ESSA), Middle East and North Africa (MENA), and Asia-Pacific (APAC). As of early 2026, Expro maintains a robust $2.3 billion backlog, positioning itself as a high-efficiency mid-cap specialist in offshore and deepwater environments. Its primary direct competitors include SLB, Halliburton, Weatherford International, and Helix Energy Solutions Group, against whom Expro competes by offering differentiated, data-driven subsea and production optimization solutions. The company’s current leadership is anchored by CEO Michael Jardon, who brings over 30 years of industry experience from senior roles at Schlumberger and Vallourec. The executive team was further strengthened in mid-2025 with the appointment of CFO Sergio Maiworm, a former Talos Energy executive with a background in energy investment banking at Deutsche Bank. Other key leaders include Chief Technology Officer Steve Russell and COO Alistair Geddes, both of whom have been instrumental in integrating the 2021 merger between legacy Expro and Frank’s International. The Board of Directors is chaired by Robert W. Drummond, the former CEO of NexTier Energy Solutions. Notable institutional backing includes significant positions held by Oak Hill Advisors (represented on the board by Eitan Arbeter), Vanguard Group, and T. Rowe Price, reflecting a stable investor base focused on the company’s strong free cash flow and strategic positioning in the international offshore upcycle.