Plexus seals POS-GRIP deal with Spirit Energy

first_img“This order is for a gas production well, and as the cleanest hydrocarbon to combust in terms of CO2 emissions, natural gas is increasingly viewed as a key transitional fuel, as the world moves towards net zero emissions. Significantly, it is Plexus’ first major order since the COVID-19 pandemic. “A key assumption behind this view is that harmful fugitive methane emissions can and must be eradicated from the entirety of the natural gas consumption chain. The wellhead delivery to Spirit Energy should take place in February 2021. Plexus’ CEO Ben Van Bilderbeek said, Plexus has secured a purchase order for a POS-GRIP surface production wellhead system from Spirit Energy. “At the well-site, POS-GRIP’s leak-proof wellheads can do that. It is also in line with the company’s strategy to extend the application of its POS-GRIP technology beyond jack-up exploration.center_img The order from Spirit Energy includes Plexus’ POS-GRIP 5,000psi leak proof “HG” metal to metal sealing surface production wellhead and associated spares and equipment for a new gas well in the UK North Sea. This is the second purchase order for a surface production wellhead that Plexus won from Spirit Energy (Centrica). Specifically, this includes oil and gas production, geothermal and other applications. The contract should last approximately 120 days, with most of the revenues booked during the company’s 2020/21 financial year. Under the contract, Plexus will receive milestone payments following the signing of the purchase order through to completion. “We believe our production technology delivers economic and environmental proposition for the surface production operations we are targeting.”last_img read more

Daily statewide COVID-19 count update

first_imgStatewide—The Indiana State Department of Health (ISDH) today reported 23 new positive cases of COVID-19, bringing the number of Hoosiers diagnosed through ISDH, the Centers for Disease Control and Prevention (CDC) and private laboratories to 79. Two Hoosiers have died.                       The new cases involve residents of Allen (1), Boone (1), Floyd (1), Grant (1), Hamilton (3), Johnson (1), Lake (2), Marion (6), Shelby (1), St. Joseph (3), Tippecanoe (1), Vanderburgh (1) and Vigo (1) counties. Private lab reporting may be delayed and will be reflected in the map and count when results are received at ISDH.On March 6, ISDH confirmed the first case of COVID-19 in a Hoosier with recent travel. On March 16, ISDH reported the first death in Indiana due to COVID-19.last_img read more