logo-loader
viewPlexus Holdings Plc

Plexus' POS-GRIP sealing system verified for use in extreme temperatures

The oil and gas engineer the test, which it believes to be an industry first, will further the capabilities of POS-GRIP technology in Arctic conditions

Plexus Holdings Plc - Plexus' POS-GRIP sealing system verified for use in extreme temperatures
The test was carried out with a sealing system previously used in a separate programme, which Plexus said demonstrated its reusability

Plexus Holdings Plc’s (LON:POS) POS-GRIP ‘HG’ sealing system has been verified for use in temperatures ranging from -59 to 204 degrees Celsius under pressure of 10,000 psi.

The oil and gas engineer said the test, which it believes to be an industry first, demonstrates the “superior integrity” of the HG seal while also furthering the capabilities of POS-GRIP technology in Arctic conditions.

READ: Plexus Holdings is “working behind the scenes” to gain traction in the production market

Normally, wellhead seals are classified as being able to withstand one of two separate temperature ranges, -59 to 82 degrees and -17 to 176, however in a single test the HG seal managed to cover both of these ranges.

The fact that the test was carried out with a sealing system previously used in a separate programme also demonstrated its reusability, the group said.

“By having qualified 'HG' annular seal technology across this impressive application spectrum, in terms of temperature and pressure, POS-GRIP wellhead seal technology can be readily adopted with the least amount of inconvenience by both operators and potential licensees”, said Plexus chief executive Ben Van Bilderbeek.

“We expect to license our patented POS-GRIP method of engineering which, with its further extended range of qualification standards, has the potential to elevate any wellhead supplier to a level that can technically and commercially compete, at the highest end of the market”, he added.

Quick facts: Plexus Holdings Plc

Price: 10.65 GBX

AIM:POS
Market: AIM
Market Cap: £10.7 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. 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...

In exchange for publishing services rendered by the Company on behalf of Plexus Holdings Plc named herein, including the promotion by the Company of Plexus Holdings Plc in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Morning Report: Growing threat of coronavirus sees FTSE 100 open firmly in...

Headlines from the Proactive UK newsroom. The FTSE 100 has slipped below 7000 this morning as fears continued to mount over the spread of the coronavirus. Diageo (LON:DGE) has warned the outbreak will hit sales by between £225mln and £325mln, while profits will be knocked by between...

on 26/2/20

2 min read