Plexus Holdings is set to unveil its new POS-GRIP Python Subsea Wellhead during the SPE Offshore Europe conference in September.

The new Python Subsea Wellhead, previously referred to as the HGSS Wellhead, has been designed to address key technical issues and requirements highlighted by regulators following the Gulf of Mexico incident in April 2010.

The Python Subsea Wellhead has been under development since 2011 within a Joint Industry Project supported by major oil and gas operators and service company consulting partners, including BG, Royal Dutch Shell, Wintershall, Maersk, Total, Tullow Oil, Eni, Senergy, and Oil States Industries.

Plexus said, ‘In terms of Python’s development, Plexus has recently achieved several additional technical milestones in the qualification and testing of the new system, and will have a full prototype system on display at SPE Offshore Europe in Aberdeen in September 2015.’

Plexus’ CEO Ben Van Bilderbeek said, ‘The Python Subsea Wellhead system is designed to deliver true and verifiable metal to metal sealing capability in ultra-deep water, and is also aimed at simplifying installation procedures to such an extent that numerous installation trips are eliminated to render the system effective cost negative.’

At the launch, Plexus said it expects to be able to announce further details of the enhanced safety and cost saving features of the Python Subsea Wellhead, as well as positive results of qualification testing, to standards which significantly exceed conventional industry requirements.

Plexus anticipates the Python Subsea Wellhead will be ready for offshore deployment in a trial well during 2016.