Plexus Holdings gets 2-year contract extension
16 February 2017
Plexus Holdings PLC, has announced its existing contract to supply wellhead and mudline equipment to Brunei Shell Petroleum SdnBhd (BSP) has been extended by an additional two years. The extension covers the supply of both Plexus' High Pressure/High Temperature (HPHT) and standard pressured Wellhead and Mudline systems and services.
This contract is the fourth Plexus has signed with BSP and is an extension of the current four-year framework agreement between both parties, which commenced in late 2012. Under this framework agreement, in April 2015 the company received purchase orders from BSP to supply both HPHT and standard pressured wellhead systems and services for three exploration wells in Brunei. Plexus has a long-standing relationship with BSP, having first supplied its wellhead equipment in 2006.