Technipfmc Snaps Up Plexus Wellhead Business For Jack Up Applications
Plexus Production Wellhead And Tree Systems 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. In conjunction with technipfmc’s global footprint and market presence, this portfolio expansion in the mudline and high pressure high temperature (hpht) arena enables technipfmc to be a leading provider of products and services to the global jack up exploration drilling market.
Wellheads And Trees Technipfmc Plc Pressure high temperature (hpht) arena enables technipfmc to be a leading provider of products and services to the global jack up exploration drilling market. the business will be integrated into the technipfmc surface technologies segment and will include the transfer of key personnel from plexus, with. London listed plexus has struck a deal to sell its jack up applications business to uk based service provider technipfmc. Technipfmc (paris:fti) (nyse:fti) (isin:gb00bdsfg982) announces that an agreement has been reached with plexus holding plc (“plexus”) to acquire plexus’s wellhead exploration equipment and services business for jack up applications. Technipfmc has agreed to acquire plexus holding's wellhead exploration equipment and services business for jackup applications the jack up business for up to us$56 million (£42.5 million).
Plexus Production Wellhead And Tree Systems Technipfmc (paris:fti) (nyse:fti) (isin:gb00bdsfg982) announces that an agreement has been reached with plexus holding plc (“plexus”) to acquire plexus’s wellhead exploration equipment and services business for jack up applications. Technipfmc has agreed to acquire plexus holding's wellhead exploration equipment and services business for jackup applications the jack up business for up to us$56 million (£42.5 million). Technipfmc (nyse: fti) reached an agreement with plexus holding plc to acquire its wellhead exploration equipment and services business for jackup applications, the company said oct. 19. Up until now, the company's core business has been the rental of this equipment to major oil and gas operators for use on jack up exploration wells around the world, particularly for high pressure high temperature ("hp ht") applications. Technipfmc has agreed to acquire plexus’ wellhead exploration equipment and services business for jackup applications. Plexus holdings has signed a business purchase agreement (bpa) to sell its wellhead exploration equipment and services business for jack up applications to fmc technologies (tfmc), a subsidiary of technipfmc.
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