Plexus Holdings wins third order from Maersk Oil's Danish business unit

5/8/2015

WALTON-ON-THAMES, United Kingdom -- Plexus Holdings has secured an additional purchase order with Maersk Oil's Danish business unit to supply its wellhead system and mudline services for a well in the Danish sector of the North Sea.

The value of the order is estimated at approximately $1.9 million (£1.25 million) with revenues commencing in May 2015.

Under the terms of the contract, Plexus will supply its 18-3/4 in. POS-GRIP surface wellhead and mudline systems for use on the well. This latest order is the third under a contract signed with Maersk Oil and announced on Feb. 12, 2014.

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