The suite of downhole products includes bridge plugs, cement retainers, packers and service tools for completion, production, stimulation and well abandonment applications.

Expro said in a statement to the market, the agreement will support its growing packers and service tool business in the US and global markets.

Last Friday, citing a high level of demand for its specialist products and growth in the deepwater market, the Expro Group said revenue and profit for year ending 31 March reached record levels.

Revenue increased by 27% to £219 million while profit before tax increased by 27% to £28 million. Earnings per share increased by 25% to 23.7 pence.