Local Business Plexus blames drop off in exploration for widening losses By Gregor Aiken March 26 2018, 1.05pm Share Plexus blames drop off in exploration for widening losses Share via Facebook Twitter Whatsapp Messenger Linkedin Email Post link https://www.pressandjournal.co.uk/fp/business/local/1441676/plexus-blames-drop-off-in-exploration-for-widening-losses/ Copy Link Plexus chief executive Ben Van Bilderbeek. Aberdeen oilfield technology firm Plexus said today that a lack of North Sea exploration activity was to blame for its widening losses in the six months to December 31, 2017. But Plexus said higher crude prices in recent months were a good omen “for increased investment across the sector”. The wellhead equipment maker’s pre-tax losses totalled £2.74million in the final six months of last year, compared to a £2.59million loss for the same period in 2016. Read more on Energy Voice here.