Additional £0.6m well order for engineering group

Paul Boughton

Plexus has announced that it has received an additional purchase order (PO) from Centrica to supply surface wellhead and mudline equipment services for an exploration well in the Southern North Sea, Offshore UK. The value of the order is estimated at approximately £600,000 with revenues expected to commence shortly.

Under the terms of the contract, which is expected to have a duration of 60 days, Plexus will supply its 20” x 12-3/8” adjustable surface wellhead and mudline systems for use on the Grove Deep 49/10a-GD. Plexus has a longstanding relationship with Centrica, having provided the operator with equipment for use on a number of exploration and appraisal wells in the North Sea including the recent Grove Infill and Pegasus West wells.
Plexus CEO Ben Van Bilderbeek said, “It has always been our belief that once an operator places an initial order for our wellhead equipment, the superior qualities of our Pos-Grip technology in terms of performance, reliability and safety would lead to follow-up work, as this contract with Centrica shows. Over the years we have now supplied Centrica with our wellhead equipment for a range of wells operating in conditions ranging from standard pressure to high-pressure/high-temperature environments."

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