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Share Price Information for Plexus (POS)

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Share Price: 14.25
Bid: 14.00
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Change: -0.50 (-3.39%)
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Open: 14.75
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Plexus Holdings Wins GBP1.25 Million Order From Maersk Oil

Fri, 08th May 2015 06:45

LONDON (Alliance News) - Plexus Holdings PLC Friday said it has secured an additional order with Maersk Oil's Danish arm to supply its wellhead system and mudline services within the Danish sector of the North Sea.

The oil and gas engineering services company said the contract is worth around GBP1.25 million, with revenue to start from this month.

"We are delighted to have secured an additional order from Maersk Oil's Danish business unit, our third in a little over a year. In our view, winning repeat business from existing customers reflects the operational and safety benefits our proprietary POS-GRIP based wellhead equipment offers," said Ben van Bilderbeek, Plexus' chief executive.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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