FTSE 100 brushes off inflation fears to close at record high
The FTSE 100 index closed up 68.94 points at 7,523 - a new record high
Company
LON:POS
Plexus Holdings PLC is an IP led company focussed on establishing its patented leak-proof POS-GRIP® wellhead and associated equipment as the go-to technology for energy markets. The company is making a genuine contribution to the oil and gas industry's ESG and NetZero goals by championing "through the BOP" (Blow-out Preventer) designs, and lifetime leak-proof HG® metal-to-metal sealing systems.
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The FTSE 100 index closed up 68.94 points at 7,523 - a new record high
Chief Ben van Bilderbeek told investors that several enquiries are moving forward, but he expects those deals will move into the 2017/18 financial year.
Some of the largest rises and falls in London at 3.20pm included Wey Education, Rosslyn Data Technologies, Thor Mining
It will supply its POS-GRIP wellhead and Tersus mudline equipment for use on the Glengorm exploration well in the Central North Sea.
FTSE 100 stocks ends flat on Thursday after falling back from a fresh record high as shares in outsourcing group Capita slumped 9%
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A look at the week's news from the smallcap oil and gas sector
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Some of the largest risers and fallers in London at 4pm
It is is the fourth contract signed between the companies under a 2012 framework agreement.
Plexus has already mitigated some of the lower revenue downturn through cost cutting,
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88 Energy now sees 1.5bn barrels of conventional oil resources in Alaska, while SDX Energy has snapped up Circle Oil’s Egypt and Morocco assets
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A glance at some of the stories on the Proactive newswire today
The deal will see it supply surface wellhead and mudline equipment services for jack-up exploration wells in the Norwegian sector of the North Sea.
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A glance at some of the stories on the Proactive newswire today
Chief executive Ben Van Bilderbeek said it further increase the group's visibility in an important oil and gas region
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A look at the news highlights from the oil and gas world
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A glance at today's headlines on the Proactive newswire ...
Solar Plexus: the wellhead equipment rental firm enjoys its day in the sun
The recent OPEC meeting at the end of November offered some much needed encouragement