Fossil Energy – subsea construction
Tekmar Group seals $10m deal for work on major Middle East subsea scheme.
Tekmar has sealed the lucrative contract to provide pipeline support and protection materials for a subsea construction project.
The deal, worth in excess of $10m (£7.2m), comes less than a month after it announced a contract award to supply cable protection systems for the world’s largest offshore wind farm, Dogger Bank, being built off the North East coast.
Tekmar Energy signed that contract with procurement and installation contractor DEME Offshore to design, manufacture and supply its Generation 10 TekTube CPS (Cable Protection System) equipment, to protect subsea inter-array cables on the first two phases of the project, with an option for the third phase.
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.”
