
Plexus: Joint Venture for the Supply of Plexus ‘HG’ Production Wellheads, Surface Xmas Tree and Valve Package
Formation of a joint venture (‘JV’) to enable Plexus to offer oil and gas operators a full package of extensively field proven and highly qualified Plexus surface xmas trees and valves, together with its POS-GRIP® “HG” production wellhead systems The JV, Plexus Pressure Control Limited (‘PPC’), will supply Plexus with …

Arctic LNG 2 and TechnipFMC Sign EPC Contract for the LNG Plant
PAO NOVATEK announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas facility with annual liquefaction capacity of 19.8 million tons under the Arctic LNG 2 project. The contract terms provide for the launch …

Plexus Holdings PLC: Russian Licensee Awarded Gas Exploration Drilling Contract by Gazprom
First major contract for POS-GRIP rental exploration wellhead equipment secured by Russian licensing partner with global energy giant Gazprom Covers the first year of a five-year jack-up gas exploration drilling programme which provides additional revenue stream for Plexus under existing Licence Agreement Breakthrough order in what is a key market …

Equinor Strengthening Subsea Collaboration with Aker Solutions and TechnipFMC
Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally. For several decades, the subsea segment has been central in developing Equinor and the NCS. Equinor is operating close to 600 subsea wells, which account for a …
TechnipFMC: Formed After Technip and FMC Combine to Create New Global Leader
Technip and FMC Technologies, Inc. today announce that the companies will combine to create a global leader that will drive change by redefining the production and transformation of oil and gas. The combined company, which will be called TechnipFMC, would have an equity value of $13 billion based on pre-announcement …