Uncategorized

TechnipFMC snaps up Plexus’ wellhead business for jack-up applications

Oil and gas services company TechnipFMC has reached an agreement with Plexus Holdings to acquire Plexus’ Wellhead exploration equipment and services business for jack-up applications.

Plexus Holdings is a UK-based oil and gas engineering services business and owner of the proprietary POS-GRIP friction-grip method of wellhead engineering,

TechnipFMC explained on Thursday that the acquisition of Plexus’ business expands its portfolio in the mudline and high pressure high temperature (HPHT) arena, enabling the company to position itself as a provider of products and services to the global jack up exploration drilling market.

Read more

Categories: Uncategorized

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: