Aberdeen firm Plexus wins Far Eastern work

Plexus Holdings, of Aberdeen, today announced a deal with offshore drilling contractor Vantage Drilling Company.

The firm is to provide a major Malaysian national oil and gas operator with its high pressure/high temperature POS-GRIP wellhead equipment for oil and gas exploration activities offshore Sarawak, East Malaysia.

The contract will be for one well with a value of more than £600,000.

Plexus has a sales and service base in Kuala Lumpur, Malaysia.

Chief executive Ben Van Bilderbeek said: “This contract win further extends our geographic footprint within the south-east Asian market, a region which has an established oil and gas industry which is expected to substantially grow due to the number of new platforms being built over the next five years.”