logo-loader

Plexus Holdings looking at ways to monetise its IP as oil and gas sector recovers

Published: 13:36 10 Sep 2018 BST

Ben van Bilderbeek, chief executive of Plexus Holdings PLC (LON:POS), spoke to Proactive's Andrew Scott after what's been a period of restructure for the group.

The wellhead valve specialist has had to be patient while the oil and gas sector recovers from the slump in crude prices.

Plexus has fundamentally restructured its business with the sale of its jack-up rig business to a subsidiary of TechnipFMC.

A collaboration deal for new and existing products based on the POS-GRIP technology was part of the agreement.

Plexus introduces new wellhead neck seal product; a game-changer in oil and...

Plexus Holdings PLC (AIM:POS) CEO Ben van Bilderbeek joined Proactive's Stephen Gunnion with details of a new replacement tubing hanger neck seal product, aimed at enhancing the maintenance capabilities of surface wellhead systems to a higher leak-proof standard. This technology, developed...

1 month, 1 day ago