LONDON, UK: Tekmar Group, a leading provider of technology and services for the global offshore energy markets, won a significant new contract to provide pipeline support and protection materials for a major subsea construction project in the Middle East.
The contract award is for a value in excess of USD 10 million and is anticipated to be delivered in the Group’s current financial year ending 30 September 2022.
Alasdair MacDonald, CEO of Tekmar Group said: “This major contract award represents a significant milestone in expanding our geographical presence, a key driver of our growth strategy, and builds on our encouraging recent contract momentum, including our partnership with DEME Offshore on the Dogger Bank Wind Farm.
These contracts highlight the breadth of our engineering capability and support our strategic growth plan as we continue to work through the industry related challenges we’ve previously highlighted.
I would like to congratulate the team on securing this contract, which is testament to our subsea engineering and project management expertise and our local manufacturing and supply chain capability. We look forward to delivering on our part of this important project.”
ekmar Energy and Tekmar Group plc is headquartered in Newton Aycliffe in the United Kingdom; AgileTek operates from an office in London; Subsea Innovation has its head office and manufacturing centre in Darlington, United Kingdom. Ryder operates in Newcastle and within AgileTek London, Pipeshield headquarters are in Lowestoft with manufacturing in Montrose and Blyth. Tekmar Group plc also has strategic supply bases and representation across Europe, Africa, the Middle East and Asia Pacific. www.tekmargroup.com