Plexus Holdings PLC announced it has won a contract valued in excess of £1 million to provide specialised equipment and services for multiple plug and abandonment ('P&A') activities in the North Sea. Under the terms of the contract, Plexus will provide Exact? Adjustable Surface Wellhead equipment, and specialised Centrictm Mudline system tooling and services for P&A operations on wells in the Dutch sector of the North Sea.

Operations are planned to commence in second quarter of 2024 for a period of nine months. Exact? Adjustable Wellhead and Centric Mudline Systems are part of the Plexus licence/collaboration agreement with SLB.