LONDON--Plexus Holdings PLC (POS.LN), an AIM-quoted oil and gas
engineering services business, said Monday that it has been awarded
a contract for the supply of surface exploration wellhead equipment
services, worth 750,000 pounds from Centrica Energi Norway.
MAIN FACTS:
-Under the terms of the contract, Plexus will supply its
POS-GRIP 18-3/4 inches Surface Wellhead System for an appraisal
well in the Norwegian Continental Shelf.
-Revenues are expected to commence October 2013.
-This new order is the Company's second project with
Centrica.
-Plexus Holdings shares at 0730 GMT traded flat at 263.0 pence,
valuing the company at GBP217.4 million.
-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter:
@Raztweet
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