SSTA

Expro Celebrates 40 Years of Subsea Success

Retrieved on: 
Wednesday, January 3, 2024
Engineering, Other Energy, Maritime, Oil, Gas, Transport, Manufacturing, Energy, Well, ESSA, Multimedia, Acquisition, Intervention, Hook, SSTA, NLA, Growth, PRT, Video game

Leading energy services provider Expro (NYSE: XPRO) is celebrating 40 years of successfully leading the way in the subsea sector since the launch of its first subsea test tree system in the North Sea in 1983.

Key Points: 
  • Leading energy services provider Expro (NYSE: XPRO) is celebrating 40 years of successfully leading the way in the subsea sector since the launch of its first subsea test tree system in the North Sea in 1983.
  • View the full release here: https://www.businesswire.com/news/home/20240103146644/en/
    Expro Celebrates 40 Years of Subsea Success (Graphic: Business Wire)
    From the creation of its first 10ksi subsea test tree assembly (SSTTA) for an exploration and appraisal well project for Hamilton Brothers in the North Sea in 1983, to the development of its industry-leading high debris 15K shear and seal ball valve technology in 2023, Expro has remained at the forefront of subsea landing string technology.
  • Expro has undertaken more than 3,000 subsea deployments in exploration and appraisal, completion, and intervention applications, and remains a global leader in large-bore SSTTA solutions.
  • Graham Cheyne, Expro’s Vice President of Subsea Well Access, said:
    “At Expro, we’ve been first to the market with many of our subsea test tree assembly products and, as future technical challenges arise, we believe that with our customer-bespoke solution philosophy, we’ll continue to be at the top of the subsea test tree application.

Kaixin Auto Holdings Announces Non-Binding Acquisition Term Sheet with WM Motor

Retrieved on: 
Monday, September 11, 2023
EX5, EU, ASEAN, E5, WVTA, SSTA, Certification, Acquisition, European, City, R, Software, Automotive industry, Warehouse, Kaixin001, W6

BEIJING, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has signed a non-binding acquisition term sheet with WM Motor Holdings Limited ("WM Motor"), planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders.

Key Points: 
  • BEIJING, Sept. 11, 2023 (GLOBE NEWSWIRE) -- Kaixin Auto Holdings (“Kaixin” or the “Company”) (NASDAQ: KXIN) today announced that the Company has signed a non-binding acquisition term sheet with WM Motor Holdings Limited ("WM Motor"), planning to issue a certain number of new shares to acquire 100% of equity of WM Motor held by its current shareholders.
  • WM Motor has successfully developed and delivered four models of smart electric vehicles in volume, i.e.
  • The WM Motor management team has very rich international business experience and has made major breakthroughs in overseas expansion this year.
  • Through the intended acquisition, WM Motor will gain access to more capital support to enhance the development of its smart mobility business!”