Tekmar Group wins 'landmark' £5 million deal

A marine engineer has secured a £5 million energy sector contract.

Tekmar Group is working on a UK-based offshore wind farm project.

The firm, based in Newton Aycliffe, County Durham, will design and supply a cable protection system and supporting apparatus for the venture, which bosses say represents a “landmark” development.

The equipment is scheduled to be delivered later this year.

The deal comes just weeks after the company unveiled a turnaround plan to “unlock its true potential” and deliver “record” financial results.

And Richard Turner, Tekmar Group chief executive, said the agreement marks an “important step” in delivering that blueprint.

He added: “We are delighted to be partnering with this client for the first time.

“We have been selected because of our early-stage engineering support, customer focus and track record, which is unrivalled in the industry. 

“This contract is also an important step in delivering our ambitious plans for order book development in the 2025 financial year and beyond, as we look to outperform an improving and growing market.” 

Tekmar Group includes Tekmar Energy and Pipeshield – which both supply equipment to protect subsea energy lines – and the Ryder-branded engineering consultancy, which has offices in Newcastle, London and Glasgow.

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