Gusar

Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, is pleased to announce that its Russian licensee LLC Gusar (‘Gusar’), has successfully installed the first wellhead for Gazprom as part of the previously announced contract to …

Plexus Holdings PLC said Wednesday it has sold two POS-GRIP 18-3/4 inch rental wellhead sets and related mudline equipment and tooling to its partner and licensee in Russia LLC Gusar (OOO Gusar) Ltd. The AIM-listed oil and gas engineering services company said that the value of the sale was about …