The value of the contract is estimated at GBP1.2 million with revenues commencing in December 2009. This could increase to GBP2.4 million if RSPOC increases the order if further wells are required.

Plexus Chief Executive Officer, Ben van Bilderbeek said: We are delighted to have secured yet another contract win in the North African region which is in addition to existing contracts with BP Egypt and Shell Egypt.