Plexus Holdings has been awarded a contract with new customer Rosneft’s Vietnam subsidiary to supply its POS-GRIP high pressure high temperature (HPHT) adjustable rental exploration wellhead equipment for an exploration well offshore Vietnam.
This contract represents a new country in a new territory for Plexus and is in line with the company’s ongoing strategy to continue to expand globally from its dominant position in the North Sea.
“Russia and the CIS is just one of a number of territories we are targeting as we look to expand outside of our traditional heartland in the North Sea. We see the Middle East, India, Gulf of Mexico and Asia as strategically important regions for Plexus and it is therefore pleasing to have won this contract in Vietnam, which extends our footprint in Asia. We are focused on positioning Plexus as the go-to supplier of critical wellhead equipment globally and I look forward to providing further updates on our progress in due course,” Plexus CEO Ben Van Bilderbeek said.