Plexus wins Oman drilling contract
Oil services company Plexus Holdings said it had won a $0.6m contract with Oman's Masirah Oil to drill one well initially with the option of two more.
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The company on Wednesday said the deal was its first in the country.
"This new contract in a new territory with a new customer represents another step in achieving our strategy of global expansion for Plexus and the development of our suite of products at a time when the North Sea is under extreme pressure from the fall in oil prices. We secured this new business in a competitive tender process," said chief executive Ben Van Bilderbeek.