Plexus Nets Centrica Contract

Plexus has signed a four year framework agreement with Centrica to supply surface wellhead and mudline equipment services for jack up exploration wells in the Norwegian sector of the North Sea.  

Under the terms of the four year agreement, Centrica can request up to three further one year extensions following the end of the initial four year term, the company said.

Plexus has previously supplied Centrica with its wellhead equipment for a number of wells in the North Sea including those on the Butch exploration and appraisal wells (now known as the Oda projects) between 2012 and 2014.

Plexus’ CEO Ben Van Bilderbeek said, “While the agreement is specifically for supplying exploration wells in the Norwegian North Sea, we are confident that we can use this as a platform from which we can tender for future business with Centrica in other geographies and in other markets such as production and subsea. “