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The latest announcement is out from Tekmar Group plc ( (GB:TGP) ).
Tekmar Group plc has secured a significant contract to supply bespoke subsea infrastructure technology for a major pipeline project in the Middle East. Valued at approximately £2.0 million, this contract highlights Tekmar’s expertise in delivering complex offshore projects and strengthens its position in the growing offshore energy market. The project is expected to be completed by September 2025, reinforcing Tekmar’s reputation for providing high-value infrastructure solutions and maintaining strong customer trust.
More about Tekmar Group plc
Tekmar Group plc is a UK-based company specializing in engineering-led solutions for the offshore energy sector. With nearly 40 years of experience, Tekmar provides a range of services and technologies to support and protect offshore wind farms and other marine infrastructure. The company has a global presence with offices and partnerships across Europe, Africa, the Middle East, Asia Pacific, and North America.
Average Trading Volume: 110,797
Technical Sentiment Signal: Sell
Current Market Cap: £7.98M
Find detailed analytics on TGP stock on TipRanks’ Stock Analysis page.