Metal Markets
Tekmar secures £3.1m Middle East offshore energy cable contract
The UK-headquartered firm said the contract, with an unnamed oilfield services provider, is scheduled for delivery by June 2026.
The AIM-listed offshore energy services company said the award is its largest polyurethane cable protection contract to date with the unnamed customer.
Tekmar chief executive Richard Turner said the contract award highlights the company’s growth in the Middle East market.
“We are seeing strong momentum in regional demand for cable protection, following the $10 million Middle East contract announced in September,” Turner said.
“Through a combination of innovation, proven performance, and customer focus, Tekmar continues to be recognised as the partner of choice for protecting the world’s most critical offshore assets.”