Oil and gasoline engineering companies agency Plexus Holdings stated Tuesday it had gained a contract award for Actual and Centric tools for a North Sea Plug and Abandonment (‘P&A’) mission secured by its licensor SLB (ex-Schlumberger) for an unnamed  “main North Sea operator.”
 The P&A piece will happen in This autumn 2023 and generate tools rental revenues for Plexus within the area of £100,000.Â
“This collaborative work is a crucial milestone because it additional builds on the continued relationship between the 2 firms in addition to Plexus’ rising popularity within the area of Adjustable Wellhead and Mudline expertise,” Plexus Holdings stated.
Commenting on this new Plexus contract, Plexus’ CEO Ben Van Bilderbeek stated: “Our continued development into the increasing P&A market is very encouraging, significantly as this mission makes use of the Actual and Centric expertise particularly designed to supply the most secure and quickest tieback and drilling options for not solely all these P&A wells, but additionally exploration and appraisal wells.
 “The contract can be a superb instance of the continued collaboration between SLB and Plexus the place we imagine that SLB acknowledges Plexus capabilities in Adjustable Wellhead and Mudline initiatives. We’re assured that additional alternatives for comparable work will come up sooner or later.”
