Plexus Inks Shell Extension

Plexus said it will continue to supply wellhead and mudline equipment to Brunei Shell Petroleum for additional two years.

The contract extension covers the supply of both Plexus’ High Pressure/High Temperature (HPHT) and standard pressured Wellhead and Mudline systems and services.

Today’s contract is the fourth Plexus has signed with BSP and is an extension of the current four-year framework agreement between both parties, which started in late 2012. Under this framework agreement, in April 2015 the company received purchase orders from BSP to supply both HPHT and standard pressured wellhead systems and services for three exploration wells in Brunei.

Plexus CEO, Ben van Bilderbeek, said: “The extension of our framework agreement with BSP validates our confidence in our ability to maintain relationships with long term customers, and be ready to secure orders when there is business to be won. This belief is based on the successful application of our best in class wellheads on over 400 exploration wells worldwide in both HPHT and standard pressure environments by a roster of blue-chip operators including Shell, Centrica, Statoil, and Total.”