Plexus forms equipment supply JV with BEL Valves

POS-GRIP; Source: Plexus

Oil and gas services firm Plexus has formed a majority-owned joint venture, which will supply the company with surface production Xmas trees and wellhead annulus outlet valves.

The formation of the JV between Plexus and BEL Valves, named Plexus Pressure Control (PPC), followed last year’s sale of its jack-up exploration wellhead rental business to TechnipFMC.

Plexus said that the “operators typically purchase wellheads as a package together with a production Xmas tree and side outlet valves.”

The company added that it would supply the JV with its POS-GRIP “HG” technology and products associated with Xmas trees, while BEL Valves would supply the JV with critical valve components and technology.

BEL Valves is a UK-based valve company which designs and manufactures valves and actuators and typically focuses on applications downstream of the wellhead and tree systems.

It supplies valve equipment and technology for challenging high spec applications such as high pressure/high temperature and subsea projects.

PPC will be based in Plexus’ facility in Dyce, Aberdeen, so that all project planning, procurement, and product integration work can be delivered from a single point to the customer. Although Plexus anticipates that both the “HG” production wellhead and PPC tree will be largely maintenance free, any after-market work will also take place at the same facility.

Plexus’ CEO Ben Van Bilderbeek said: “The formation of PPC enables Plexus to supply Xmas trees as part of a ‘package solution’ for the first time.

“It is a key step in our company’s evolution and ambition to provide the industry with wellheads and associated products, which are gas-tight and methane leak free. With the long-term field history and extensive qualification testing already demonstrated with the tree and valve products which Plexus now has full access to, we are confident that we can now truly provide the complete package to our customer.”

BEL Valves’ CEO Bruce Heppenstall, said: “Our valves and Plexus’ wellhead systems are an excellent fit.  Both deliver the highest standards in performance, reliability and safety and both have a proven track record in operating in extreme HP/HT environments.  We at BEL Valves are looking forward to working with Plexus to offer operators a complete surface package, which we believe delivers the best solution available by far.”


Spotted a typo? Have something more to add to the story? Maybe a nice photo? Contact our editorial team via email. Offshore Energy Today, established in 2010, is read by more than 10.000 industry professionals daily.

We had almost 9 million page views in 2018, with 2.4 million new users. This makes us one of the world’s most attractive online platforms in the space of offshore oil and gas.

These stats allow our partners advertising on Offshore Energy Today to get maximum exposure to their online campaigns. If you’re interested in showcasing your company, product or technology on Offshore Energy Today contact our marketing manager Mirza Duran for advertising options.

Share this article

Follow Offshore Energy Today

Events>

<< Oct 2019 >>
MTWTFSS
30 1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31 1 2 3

Executive Oil Conference & Expo 2019

Executive Oil Conference and Exhibition is a unique opportunity to meet with all of the region’s…

read more >

Oil & Gas Vietnam 2019

Oil & Gas Vietnam (OGAV) 2019 is the only specialized oil & gas event in Vietnam that brings together an international congregation of both upstream and downstream oil and gas companies and also its supporting industries gathered in the heart of Vietnam’s oil and gas industry in Vung Tau, to showcase the latest developments in the oil and gas industry.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply