• Text size      
  • Send this article to a friend
  • Print this article

Extension for Plexus contract

PLEXUS Holdings, the Scottish oil well technology specialist, has won a contract extension from Maersk worth an estimated £1.5 million.

Aberdeen-based Plexus said Maersk has agreed to exercise two one-year extension options attached to an original contract to supply wellhead technology and associated services for an exploration programme in the North Sea.

The initial contract was announced in December 2009 with an estimated value of £3m. Plexus said the contract will now run to the end of 2014, subject to finalisation.

The company has won a series of deals involving companies like Lundin, Talisman Energy and Shell in recent months.

Chief executive Ben Van Bilderbeek won Entrepreneur of the Year at the recent Quoted Company Awards.

Contextual targeting label: 

Commenting & Moderation

We moderate all comments on HeraldScotland on either a pre-moderated or post-moderated basis.
If you're a relatively new user then your comments will be reviewed before publication and if we know you well and trust you then your comments will be subject to moderation only if other users or the moderators believe you've broken the rules

Moderation is undertaken full-time 9am-6pm on weekdays, and on a part-time basis outwith those hours. Please be patient if your posts are not approved instantly.