UK-based oil and gas engineering services provider Plexus Holdings has received a contract to supply and rent its POS-SET Connector for Norwegian firm Oceaneering’s well abandonment operations in the North Sea.
Under the contract, the POS-SET Connector will be used to re-connect to a temporarily abandoned well. The project is expected to begin within the coming eight weeks and require about ten days for completion.
POS-SET Connector is backed by the Plexus POS-GRIP friction-grip technique of wellhead engineering. It is designed to enable abandonment operations by re-establishing a connection onto rough conductor casings previously cut above the seabed.
Upon full testing, the connector is said to have demonstrated 80% bending and tensile strength of the parent pipe, which is considered as a superior capability compared to standard alternatives.
Apart from abandonment, the product has other applications, such as subsea completion operations with Subsea Tie Back Wellhead and Surface Wellhead Tie Back Platform Completion.
This contract is the second POS-SET Connector order and forms part of Plexus’ strategy to enhance jack-up exploration drilling with its wellheads.
The company also aims to establish POS-GRIP-enabling applications in large and lucrative markets, including abandonment, surface production and subsea.
Plexus Holdings CEO Ben Van Bilderbeek said: “Following the sale of our jack-up exploration business to tier one service provider TechnipFMC, this second order for our POS-SET Connector from Oceaneering, which follows on from the first Centrica order, provides a timely reminder that we have a suite of POS-GRIP-enabled products ready for market.
“Our aim is to raise standards across the energy industry, just as we have done in jack-up exploration drilling. We are confident that by rolling-out our licensing model, which we are initially pursuing in the CIS, we are well placed to achieve our objective.”