New US$5.2m IP Licence Agreement with SLB

New US$5.2m IP Licence Agreement with SLB

Plexus has signed an agreement with SLB (previously Schlumberger, Cameron) replacing an existing surface production wellhead licence for US$5.2m. Highlights SLB acquires a perpetual royalty free license for POS-GRIP technology and HG® seal technology plus any...
Expansion of Cameron Licence

Expansion of Cameron Licence

Plexus has agreed to a variation in the agreement with Cameron to expand the scope of the existing licence agreement, initially announced in November 2020,  which enables Cameron to use Plexus’ POS-GRIP® Technology in certain applications. Highlights Strengthens...
Plexus sign Jackup Wellhead deal with Cameron

Plexus sign Jackup Wellhead deal with Cameron

Plexus has entered into Cooperation Agreements with Cameron, which will result in a commercial opportunity by enabling Plexus to return to the Jack-Up Exploration (Adjustable) Wellhead rental business for jack-up applications with proven technology. Highlights Plexus...