Contract Award
Contract award of approximately $1.5 million for scour protection solutions and installation equipment.
- Contract value $1.5 million
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Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services globally, is pleased to announce a contract award with an existing Engineering, Procurement and Construction (EPC) customer, valued at approximately $1.5. million.
The scope of work includes the provision of bespoke engineered scour protection solutions, and the provision of specialized lifting and installation equipment. Completion of the contract is scheduled for December 2025.
This award further strengthens Tekmar's position in the growing ports and harbours development sector, an area that represents a significant growth opportunity for the Group as it extends its asset protection expertise beyond offshore energy into wider marine infrastructure applications.
Richard Turner, Chief Executive Officer of Tekmar Group, commented:
"We are delighted to continue our strong relationship with this EPC customer through the award of this significant contract. It underlines the trust placed in Tekmar to deliver engineered protection systems that safeguard critical marine assets."
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