Oil and gas engineering services provider Plexus Holdings, in partnership with four major oil and gas companies, has signed a contract to develop and commercialise a new and safer subsea wellhead, HGSS.
Partners included in the project are Maersk Oil North Sea UK, Shell International Exploration and Production, Wintershall Noordzee, and oil and gas technology solution consultancy SafeKick.
Go deeper with GlobalData
The firms were signed up as consulting partners to Plexus’s Joint Industry Project and will develop the wellhead using Plexus’s patented POS-GRIP technology.
The development programme will take up to 24 months to complete and the total project cost is estimated at £1.5m-£2m.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalData
