Tekmar Group plc (LON: TGP), a leading provider of technology and services for the global offshore energy markets, has announced contract awards with an aggregate value in excess of £1.5m to deliver specialised offshore grouting services in partnership with EPIC (Engineering, Procurement, Installation, and Commissioning) contractors.
These projects, located in the Middle East, are with existing customers and demonstrate the value of the technical support the Group offers and the strength of relationships in place. The scope of services highlights Tekmar’s market-leading grouting capabilities, an area of strategic focus and growth for the Group following a period of investment in the service line. Work on these projects has commenced and is expected to be completed in the current financial year.
Richard Turner, CEO of Tekmar Group plc, commented:
“Grouting services are a central part of Tekmar’s service offering and growth strategy and we are committed to further expanding our grouting solutions to support offshore infrastructure resilience and client requirements worldwide. These contract awards highlight the customer value of our advanced grouting capabilities and also aligns with the Group’s goal to drive innovation and sales growth in this critical service line.”