REG - Tekmar Group PLC - New Contract Awards

TekmarAnnouncement

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RNS Number : 6188V  Tekmar Group PLC  18 August 2025

Tekmar Group plc

("Tekmar", the "Company" or the "Group")

 

Contract Awards for Offshore Grouting Services

 

Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology
and offshore energy services globally, is pleased to announce that it has
secured two significant offshore grouting contracts in Qatar, supporting
subsea infrastructure Inspection Maintenance and Repair (IMR) campaigns.

 

The total value of these awards is approximately US$1.6 million. The combined
scope includes the provision of pipeline support remediation works, utilising
Tekmar's grouting services in conjunction with bespoke ROV-deployed grout bag
technology. Mobilisation will commence immediately and the work is scheduled
to complete by the end of October 2025.

 

The contracts were awarded by two existing customers, further strengthening
Tekmar's position in the region. They also reflect Tekmar's continued
strategic progress in developing its grouting capability as a complementary
offshore service line.

 

Richard Turner, CEO of Tekmar Group, commented: "Grouting is a strategically
important offshore energy service line for Tekmar, and we continue to invest
in this area to expand our offering and grow our market share globally. Demand
for these services is strong  and these awards reflect the trust placed in
our offshore energy services and our ability to deliver complex subsea
solutions safely and efficiently."

 

Enquiries:

 

 Tekmar Group plc                                              c/o +44 (0)20 4582 3500
 Richard Turner, CEO

 Cavendish Capital Markets Limited (Nomad and Broker)          +44 (0)131 220 9772
 Peter Lynch

                                                             +44 (0)131 220 9771
 Neil McDonald

                                                             +44 (0)131 220 9775
 Pearl Kellie

 Gracechurch Group (Financial Media & Investor Relations)      +44 (0)20 4582 3500

 Murdo Montgomery

 Heather Armstrong

 

About Tekmar Group plc

 

Tekmar Group plc collaborates with its partners to deliver robust and
sustainable engineering led solutions that enable the world's energy
transition.

 

Through our Offshore Energy and Marine Civils Divisions we provide a range of
engineering services and technologies to support and protect offshore wind
farms and other offshore energy assets and marine infrastructure. With near 40
years of experience, we optimise and de-risk projects, solve customer's
engineering challenges, improve safety and lower project costs. Our
capabilities include geotechnical design and analysis, simulation and
engineering analysis, bespoke equipment design and build, subsea protection
technology and subsea stability technology.

 

We have a clear strategy focused on strengthening Tekmar's value proposition
as an engineering solutions-led business which offers integrated and
differentiated technology, services and products to our global customer base.

 

Headquartered in Newton Aycliffe, UK, Tekmar Group has an extensive global
reach with offices, manufacturing facilities, strategic supply partnerships
and representation in 18 locations across Europe, Africa, the Middle East,
Asia Pacific and North America.

 

For more information visit: www.tekmargroup.com (http://www.tekmargroup.com/)

Subscribe to further news from Tekmar Group at Group News
(http://eepurl.com/cN91l5) .

 

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