Plexus Holdings has secured a new £1 million contract with Premier Oil Norge AS.
The contract will enable the Aberdeen-based firm to supply its wellhead technology for an exploration well in Norwegian Central North Sea in August.
The oil and gas engineering and service business said the deal builds upon a long standing relationship between both parties, having first supplied its wellhead equipment to Premier Oil Norge in 2010.
Plexus’ chief executive, Ben Van Bilderbeek, said: “As exploration and extraction of oil and gas moves deeper and becomes ever more complex, innovative, safe and effective wellhead technology is becoming increasingly critical across all pressure spectrums.
“With this in mind we are delighted to report a further contract win for the supply of our best in class POS-GRIP wellhead equipment as our technology continues to gain traction with leading international oil and gas majors.
“We view this as being testament to Plexus’ leadership of the North Sea HP/HT jack-up drilling exploration market, and is the benchmark we have set ourselves for other geographies, and in particular Asia as we look to build Plexus into a leading global oil and gas services provider.”
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