Plexus Holdings f 700K Contract with Statoil for 15,000 psi HP/H POS-GRIP Wellhead Equipment

摘要

Plexus Holdings plc, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP~R method of wellhead engineering, has signed an agreement with Statoil Petroleum AS (Statoil), a leading worldwide energy company, to supply its proprietary POS-GRIP High Pressure/ High Temperature ('HP/HT') wellhead technology for gas exploration activities in the Norwegian Continental Shelf. The contract is said to be worth approximately ￡700,000, with revenues expected to commence 1st August 2011.