Proactive investorsLogo Proactive Investors UK Website

Search field

1 year chart

digital-look imported chart image

1 day chart

digital-look imported chart image
Epic & Msn data
Epic POS
Time: 16:30:07
Mid Price: 39.00
Change Today: 0.00
Change % Today: 0.00
Fifty Two Week High: 48.00
Fifty Two Week Low: 24.00
Market Capital: 31.27
Period & price data
Period Price
Now: 39.00
3 Months ago:
6 Months ago:
1 Year ago:
Additional information
Additional Information
Market: AIM
Sector: Energy
Epic: POS
News: Latest news
Web Site: Plexus Holdings
Other Articles: 20-10-200910-08-200914-07-2009

Crude Oil

Plexus Holdings

The Plexus Group is an established oil and gas engineering, and service business based in Aberdeen, with an office in London and a presence in Houston, Texas.

The Plexus Group has developed and patented a method of engineering for oil and gas field wellheads and connectors, named POS GRIP™, which involves deforming one tubular member against another to effect gripping and sealing.

Monday, January 05, 2009

Plexus Holdings wins 4 yr deal extension from Brunei Shell Petroleum

company news image

AIM listed oil and gas engineering services group Plexus Holdings PLC said it has entered into a new four-year contract with Brunei Shell Petroleum Sdn Bhd (BSP) for the supply of its proprietary POS-GRIP wellheads and TRT-S mudline suspension equipment and related services, with an initial value of approximately £800,000.

The deal is an extension of a previous two-year contract with BSP.  It commences in the second half of the financial year with the supply of wellheads for two wells, one of which is high pressure/high temperature (HP/HT).
 
This agreement demonstrates an ongoing and developing supply relationship with a major operator in South East Asia, which can now be supported by its full time sales and operational presence in Malaysia, Plexus said.

The contract will help Plexus to further establish its reputation in the region, and follows on from a recent contract win with Shell Egypt.

NewsNow icon AddThis Feed Button
Register here to be notified of future Plexus Holdings articles.

Other Plexus Holdings articles

More articles ►

Other Plexus Holdings news

More news ►

Investors interested in Plexus Holdings recently viewed


No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.