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Tue, 29th Mar 2011 11:37
(ShareCast News) - UK-based Plexus Holdings has received the green light to manufacture and supply its POS-GRIP wellhead equipment in Malaysia. The AIM-listed group, which is engaged in marketing its safer method of engineering for oil and gas field wellheads and connectors, said its Plexus Products
Read moreOil and gas engineering firm Plexus has finalised a licence agreement with Shenzhen stock exchange listed Yantai Jereh Oilfield Services Group, the company said on Thursday. Plexus said the contract with Yantai Jereh, which gave it an exclusive licence in China, was a milestone for the company. The
Read morePlexus Holdings announced that its Afrotel Corp subsidiary has sold its sole asset, a 25% holdings in KSW Engineering, a manufacturer and engineer of oil and gas equipment. The oil and gas services company said the sale of the non-core holding will raise £1.5m, which will fund its expansion strategy
Read moreOil and gas engineering group Plexus Holdings has secured a £3.3m deal with oil group Total E&P Norge. Under the deal, the London-listed company will supply its POS-GRIP wellhead systems, equipment and mudline services for Total's Solaris gas exploration well in the Graben area of the North Sea, off
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