AGR orders subsea system from Plexus

Plexus Holdings Plc. has signed a purchase order to supply a subsea cross-over wellhead system to AGR Petroleum.

Offshore staff

ABERDEEN, UK –Plexus Holdings Plc. has signed a purchase order to supply a subsea cross-over wellhead system to AGR Petroleum. The system is to enable conversion of pre-drilled wells to subsea production for Silverstone Energy Ltd.

AGR is managing the drilling and completions side of the project for Silverstone, including equipment selection and well operations. Another vendor is supplying the subsea Christmas tree and wellhead protection structure, which interfaces with the Plexus wellhead.

The POS-GRIP M2S adjustable subsea cross-over wellhead system is designed for use in jackup depth waters, is rated at 5,000 psi (34.5 MPa) , and is upgradeable for high pressure/ high temperature applications.

"POS-GRIP technology is our proprietary method of engineering which to date has focused on the supply of surface wellhead systems," Ben van Bilderbeek, Plexus CEO, says. "This first subsea production application, together with the previously announced product development for POS-GRIP technology to be used on semisubmersible drilling rig operations in deepwater, takes Plexus directly into the increasingly important subsea marketplace."

09/12/2007

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