Plexus wins Cameroon contract with Glencore

摘要

PLEXUS HOLDINGS PLC, the AlM-quoted oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering, has agreed to supply its high pressure/high temperature CHP/HT') POS-GRIP wellhead equipment subject to finalisation of the contract, to Glencore Exploration Cameroon Ltd, the leading integrated commodities producer and marketer, for drilling a gas exploration well offshore Cameroon. The contract will have an estimated initial value of circa US$l.lmn.