-+ 0.00%
-+ 0.00%
-+ 0.00%
Plexus Secures Adnoc Qualification for HG-R Wellhead System
Share
Listen to the news
06:44 AM EST, 11/02/2026 (MT Newswires) -- Plexus Holdings' (POS.L) HG-R wellhead integrity system qualified with Abu Dhabi National Oil Co., d/b/a Adnoc, securing approval to pursue supply opportunities with the state-owned energy company. The wellhead services company and Adnoc are targeting a well trial opportunity in the coming months, which could lead to additional well orders starting in the next financial year, according to a Monday filing. Plexus added that the qualification supports potential supply agreements with other operators based in the United Arab Emirates and the Middle East. HG-R is a retrofit wellhead spool that provides a new metal-to-metal sealing capability for tubing hangers.
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
What's Trending