PLEXUS Holdings, the Scottish oil and gas well technology firm, has won a contract with Eni that could be worth more than £1 million.

Aberdeen-based Plexus has been contracted to supply the Italian oil and gas giant with wellhead technology for an exploration well offshore Australia. The deal is worth around £280,000 initially. Aim-listed Plexus said it included an option for the continuing use of its wellhead and mudline equipment "which is anticipated to lead to a further three wells".