Losses narrowed at Plexus Holdings in 2018-19 as the oil-well-technology firm’s “rebuild and reset” plan showed promising signs.
Aberdeen-based oil well technology firm Plexus Holdings said today that its Russian licensee had clinched its first major contract to supply gas exploration equipment to Gazprom.
Plexus Holdings has agreed to buy back 4.95 million shares in the company from its Russian partner Gusar.
Aberdeen oilfield technology firm Plexus has sold two sets of wellhead equipment to its Russian partner for £1.4million.
Oilfield well technologies firm Plexus Holdings has been handed a first purchase order by its Russian partner, Gusar.