Engineer wins £2 million Middle East pipeline deal
A marine engineer has secured a £2 million Middle East deal.
Tekmar Group is set to design and make reinforced concrete support structures for a gas pipeline.
Bosses say the apparatus – to be supplied to an existing customer – will be shipped in early autumn.
They add the deal boosts the County Durham-headquartered firm’s “unrivalled track record of delivering engineered solutions to complex offshore projects globally”.
The agreement comes just days after officials at the company, which operates from Aycliffe Business Park, predicted a “strong” order intake across the second half of its financial year, and revealed the firm was positioned for “growth like never before” after earnings reached a five-year high.
Richard Turner, chief executive, said: “The Middle East remains a key market for us.
“This deal underscores the trust customers have in our technical expertise and our ability to deliver high-value infrastructure solutions worldwide.”
The firm also includes Pipeshield, which supplies equipment to protect subsea energy lines, and the Ryder-branded engineering consultancy, which has offices in Newcastle, London and Glasgow.
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