Plexus Holdings has landed a $600,000 deal in Oman with Masirah Oil.
The deal, which is new territory for the firm, includes Plexus supplying its POS-GRIP Tersus Mudline equipment and 10,000psi adjustable rental exploration wellhead to Masirah for oil exploration offshore Oman.
Chief executive Ben Van Bilderbeek said: “This new contract in a new territory with a new customer represents another step in achieving our strategy of global expansion for Plexus and the development of our suite of POS-GRIP wellhead products at a time when the North Sea is under extreme pressure from the fall in oil prices. We secured this new business in a competitive tender process which saw our product selected for exploration drilling ahead of competing wellhead technologies for a number of reasons.”
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