Plexus extends contract with Transocean

Plexus Holdings has signed a further two-year frame work agreement with ADTI, a turnkey drilling division of Transocean Drilling UK, to supply its standard 10,000 psi POS-GRIP wellhead technology with mudline suspension systems.

Offshore staff

ABERDEEN -- Plexus Holdings has signed a further two-year frame work agreement with ADTI, a turnkey drilling division of Transocean Drilling UK, to supply its standard 10,000 psi POS-GRIP wellhead technology with mudline suspension systems. The value of this agreement could reach $3.3 million over the next two years.

Plexus and ADTI began cooperation six years ago. Under the extended agreement, ADTI will continue to use Plexus’ POS-GRIP wellhead technology for contracted exploration work in the North Sea.

11/04/2009

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