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SHEL Shell Plc

2,577.50
17.00 (0.66%)
Last Updated: 08:34:06
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Shell Plc LSE:SHEL London Ordinary Share GB00BP6MXD84 ORD EUR0.07
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  17.00 0.66% 2,577.50 2,577.00 2,578.00 2,579.00 2,559.00 2,569.50 478,387 08:34:06
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs 316.62B 19.36B 2.9804 8.63 167.07B

Plexus Holdings: BG Becomes Sixth Joint Industry Project Partner

01/09/2014 8:41am

Dow Jones News


Shell (LSE:SHEL)
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LONDON--Plexus Holdings PLC (POS.LN) said Monday that BG International Ltd., has signed up as the sixth major oil and gas consulting partner to Plexus' on-going Joint Industry Project.

Plexus is an AIM-quoted oil and gas engineering services business and owner of the proprietary POS-GRIP method of wellhead engineering,

The Joint Industry Project's or JIP objective is to develop and commercialize a new and safer subsea wellhead HGSS, utilizing Plexus' patented POS-GRIP friction-grip technology to address key technical issues and challenges highlighted by regulators following the Gulf of Mexico incident in April 2010.

The JIP members now include BG, Total E&P Recherche Development SAS, Maersk Oil North Sea U.K. Ltd, Shell International Exploration and Production B.V., Wintershall Noordzee B.V., Tullow Oil, Eni S.p.A, Oil States Industries Inc., Senergy Holdings Ltd, and the U.K. entity of the world's largest offshore drilling company.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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