Gulf Oil and Gas accountACCOUNT

Plexus to Supply Wellhead Systems to Brunei Shell Petroleum

Source: www.gulfoilandgas.com 1/6/2015, Location: Europe

Plexus Holdings PLC announces it has received purchase orders from Brunei Shell Petroleum Sdn Bhd ('BSP') to supply both High Pressure/High Temperature (HP/HT) and standard pressured wellhead systems and services for three additional exploration wells under an existing four year contract, which runs to 2016. The total value of the purchase orders is estimated at £1.5 million with revenues expected to commence in April 2015.

Under the terms of the Supply Agreement, which was announced on 1 October 2012, Plexus has agreed to supply both HP/HT and standard pressured wellhead and mudline systems and services, using the Company's proprietary POS-GRIP technology, for a multi-well exploration programme in Brunei. The Company has a long standing relationship with BSP having first supplied it with Plexus' wellhead equipment in 2006.

Plexus CEO Ben van Bilderbeek said, "These latest orders with BSP demonstrate the benefits of securing long term supply agreements with valued customers. We have now been supplying BSP with our best in class wellhead equipment since 2006. We view our long relationship with BSP as an endorsement of our proprietary POS-GRIP technology and the benefits it offers operators in terms of superior performance, reliability and health and safety.

As well as being best in class, our wellhead equipment offers significant cost savings, which is highly relevant given today's volatile oil price environment. Additionally, having an established position in the Asian region with hubs in Malaysia, Singapore and Brunei, we believe we are ideally placed to service our customers' needs in what is a key growth market for us; and one in which we are looking to replicate the success we continue to enjoy in the North Sea HP/HT market, where Plexus is the dominant equipment supplier."

Christmas Tree/Wellhead Valves >>

Christmas Tree/Wellhead Valves News in United Kingdom >>

Norway >>  6/30/2020 - Subsea 7 has announced the award of a sizeable(1) contract by Aker BP for the Hod Field Development Project, located 12 km from the Valhall area in th...
Norway >>  6/29/2020 - Aker Solutions has signed a two-year contract extension for maintenance and modifications for Aker BP's Ula, Skarv, Valhall and Tambar fields offshore...

Norway >>  6/24/2020 - DeepOcean has been awarded an EPCI contract for performing marine operations in connection with Repsol’s tieback of YME Beta North reservoir to existi...
Norway >>  6/23/2020 - On behalf of the license partners, Equinor has awarded two contracts and issued a letter of intent to TechnipFMC for pipelaying and subsea installatio...

Austria >>  6/6/2020 - The 11th OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Saturday, 06 June 2020, under the Chairmanship of HRH Prince Abdul Azi...

Related Categories: Air Valves  Ball valves  Butterfly Valves  Check Valves  Christmas Tree/Wellhead Valves  Cone Valves  Control Valves  Diaphragm pilot control valves  Fire certified valves  Fire Hydrant  Gate Valves  General  Globe Valves  HP Butterfly Valves  IRIS Control valves  Knife Gate Valves  Metal Diaphragm Valves  Needle Valves  Pinch Tube Valves  Piston Pilot control valves  Piston Valves  Plastic Diaphragm Valves  Plastic Valves  Plug Valves  Pressure Relief Valves  Safety Valves  Sight Glass  Solenoid Valves  Steam Traps  Strainer  Valve Actuators  Valve Limit Switch  Valve Positioner 

Related Articles: Air Valves  Ball valves  Butterfly Valves  Check Valves  Christmas Tree/Wellhead Valves  Control Valves  Gate Valves  General  Globe Valves  Needle Valves  Pressure Relief Valves  Safety Valves  Solenoid Valves  Steam Traps  Valve Actuators  Valve Positioner 


United Kingdom Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 |

More News

Related Links

Gulf Oil and Gas
Copyright © 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.