Plexus inks 4-yr framework agreement with Centrica

Plexus Holdings has signed a four-year framework agreement with Centrica Norway.

Under the terms of the Agreement, Plexus will supply Centrica with surface wellhead and mudline equipment services for jack up exploration wells of all pressure ratings in the Norwegian sector of the North Sea.

Plexus has previously supplied Centrica with its best in class wellhead equipment for a number of wells in the North Sea including those on the Butch exploration and appraisal wells (now known as the Oda projects) in the Norwegian sector between 2012 and 2014.

Under the terms of the four year Agreement, Centrica can request up to three further one year extensions following the end of the initial four year term.