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Plexus Receives GBP1.5 Million Two-Year Talisman Energy Contract

Published: 14-Jul-2009

By: Staff Writer Staff Writer Staff Writer

Plexus Holdings PLC (Plexus), an oil and gas engineering services company, has been awarded a contract by Talisman Energy Inc. to supply its proprietary POS-GRIP High Pressure/High Temperature (HP/HT) and standard pressure POS-GRIP wellhead and mudline suspension equipment to its exploration platforms in the Norwegian North Sea. The two-year contract, which also has a further two-year option, will be for a series of exploration wells and has an initial value of around GBP1.5 million.

Ben van Bilderbeek, Plexus chief executive officer said: As the fourth such contract signed during 2009, this agreement is a further testament to the innovation and quality of our proprietary POS-GRIP technology. Talisman joins our ever-growing blue-chip client list, reinforcing our position as a leading oil and gas engineering services business internationally.

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