Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/plexus-secures-second-well-contract-with-maersk-oi.shtmlPlexus secures second well contract with Maersk Oil for £1.4m
Plexus Holdings announces that further to the Company's first time contract win with Maersk Oil Danish
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Plexus Holdings announces that further to the Company's first time contract win with Maersk Oil Danish Business Unit to talling £1.1million announced on 12 February 2014, the option granted under the contract has now been converted to a firm order to supply Maersk Oil Danish Business Unit its POS-GRIP wellhead system and mudline services for an additional well. The value of the additional order is estimated at approximately £1.4 million with revenues expected to commence in October 2014.
Under the terms of the option, Plexus will supply its 18-3/4" POS-GRIP 15,000psi surface wellhead and mudline systems for use on a standard pressure well for exploration activities in the central Danish North Sea.
