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Plexus wins additional £0.6m order from Centrica for North Sea well


Published Jul 22, 2014
Plexus Holdings PLC

Plexus Holdings PLC has received an additional purchase order ('PO') from Centrica Energy Exploration and Production ('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 long standing 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.

Tags: Centrica Energy, Plexus Holdings PLC




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