ABERDEEN oil and gas engineering service firm Plexus Holdings has said it has agreed a £2million framework deal with a subsidiary of Transocean.
Alternative investment market-listed Plexus is to supply its propriety POS-GRIP wellhead technology to Applied Drilling Technology International, the turnkey drilling division of Transocean Drilling UK, for operations in the UK North Sea. The two-year deal is Plexus’s fourth supply contract with ADTI. Plexus chief executive Ben van Bilderbeek said: “We are delighted ADTI has signed a further framework agreement.”