other material
confidence high
sentiment neutral
materiality 0.40
Expro updates Australia crane incident: costs low tens of millions, partial LWI equipment recovered
EXPRO GROUP HOLDINGS N.V.
- Recovery and repair costs, net of insurance, expected not material to financial results.
- Customer work scope costs not expected to exceed low tens of millions of USD.
- Well control package and lubricator components safely recovered; SSM recovery expected Q1 2024.