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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...