Gulf Oil and Gas accountACCOUNT

Plexus Wins Equipment Order for Block 50 Well

Source: Oman Observer 1/10/2017, Location: Middle East

Share |
Scottish firm Plexus Holdings has announced that a new contract will see its innovative oilfield technology used for a second exploration well in Block 50 offshore Oman.

Aberdeen-based Plexus’ Pos-Grip wellhead technology has been used or ordered for more than 400 oil and gas projects globally. Its latest order from Singaporean-owned Masirah Oil will start delivering revenue as early as this month.

It follows an earlier order for equipment that was a key part of the successful drilling of the Manarah-1 well by Masirah last year. The new well, Karamah-1, will be drilled from the Aban VII jackup rig over 30 days. A third well may be drilled in the area, subject to drilling results from the first two.

Plexus chief executive Ben van Bilderbeek said the latest order from Masirah “increases our visibility in this important oil and gas region”. He added: “The Middle East is one of the few regions in the world where drilling activity has remained relatively stable during the current downturn.

“As a result, it is a key area of focus for us as we look to expand the geographic footprint of our best-in-class equipment.

For more information about related Opportunities and Key Players visit Oman Oil and Gas Projects

Process Technology Licensing News in Oman >>

Norway >>  11/15/2017 - ‘Blockchain’ may sound cryptic, but the mystique is limited when it comes to what it could offer a company doing thousands of physical energy trades e...
United States >>  11/15/2017 - Honeywell (HON) announced that Producers Midstream LP will use UOP Russell modular cryogenic equipment to process 200 million standard cubic feet per ...

India >>  11/14/2017 - CB&I (CBI) announced it has been selected by Indian Oil Corporation Limited (IOCL) for the license, engineering design and catalyst supply for a resid...
Netherlands Antilles >>  11/2/2017 - CB&I (NYSE:CBI) announced it has been awarded the 44th Kirkpatrick Chemical Engineering Achievement Award for its AlkyClean® process technology, a sol...

United Arab Emirates >>  11/2/2017 - ABB AbilityTM Electrical Distribution Control System delivers key data to shape next-generation solar power for the city. ...
Brazil >>  10/31/2017 - Petrobras have signed a letter of intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil ...

Related Categories: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 

Related Articles: Consultancy  Engineering  FEED  General  Maintenance and Repair  Process Technology Licensing  Production Engineering  Project & Resource Management 


Oman Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 |

Oil & Gas Projects in Oman >>

More News

 

Oil & Gas Companies in Oman >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.