Oil and gas engineering firm Plexus Holdings has agreed a three-year contact with drilling and engineering company AGR Well Management Limited (AGR).
Plexus will supply both its standard pressure and high-temperature/ high-pressure (HPHT) POS-GRIP wellhead technology and mudline services to AGR for oil and gas exploration activities which it carries out on behalf of its customer base.
Plexus has already received a first order under the new contract, worth about £400,000, to supply its 10,000psi POS-GRIP equipment for an exploration well in Guinea Bissau, West Africa, which AGR will drill on behalf of Swedish operator Svenska Petroleum Exploration (Svenska).
This will be the first time that a POS-GRIP High Temperature (HT) annular seal, which is generally used in HPHT systems, is utilised in a standard pressure system, and the selection of Plexus’ POS-GRIP technology demonstrates how operators are increasingly electing to use best in class equipment in standard operating environments.
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