Tekmar Group awarded significant contracts in the Middle EastNot sure why
Tekmar price hasn’t moved on what seems to be good news...???? This hasn’t yet
been released by the Company as an RNS announcement yet however so maybe that’s
why....
Probably time to buy more.....????
Simec’s news was RNS released, and the share price is up nearly 70% so far
today !!!! ....time to sell ?????... I won’t be selling !
Richard
From: Richard Soar (Redacted sender "soar" for DMARC)
Sent: Friday, August 21, 2020 9:48 AM
To: wvic@xxxxxxxxxxxxx
Subject: [wvic] Re: Fwd: Tekmar Group awarded significant contracts in the
Middle East
....excellent ! ....and Simec is up again this morning on news of funding
agreement for £170m for the Uskmouth project.
From: Jane Phayre (Redacted sender "jesphayre" for DMARC)
Sent: Friday, August 21, 2020 8:12 AM
To: wvic@xxxxxxxxxxxxx
Subject: [wvic] Fwd: Tekmar Group awarded significant contracts in the Middle
East
FYI
Begin forwarded message:
From: Tekmar Group <info@tekmar.group>
Date: 20 August 2020 at 10:06:20 BST
To: jesphayre@xxxxxxxxxxxxxx
Subject: Tekmar Group awarded significant contracts in the Middle East
Reply-To: Tekmar Group <info@tekmar.group>
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Working together to provide leading technology
and services to the global offshore energy markets.
http://www.tekmargroup.com ;
Tekmar Group awarded significant contracts to
supply subsea asset protection technology in the Middle East
https://www.tekmargroup.com/tekmar-group-awarded-significant-contracts-to-supply-subsea-asset-protection-technology-in-the-middle-east/
Newton Aycliffe, UK - 20 August 2020: Tekmar
Group companies Tekmar Energy and Pipeshield International today announce
multiple contracts to supply subsea asset protection and stabilisation
technologies to energy companies and tier one contractors in the Middle East.
The combined scopes of work include the design,
engineering manufacturing and supply of over 6,000m of TekDuct, over 3,000
ballast modules, 300 bespoke concrete mattresses, vertical restrictors and
centralisers for the protection and stabilisation of subsea pipelines,
umbilicals and power cables.
Working together under the Tekmar Group
umbrella, Tekmar Energy and Pipeshield International have combined their unique
yet complementary product offering to provide an increased value proposition to
customers in the Middle East, whilst taking advantage of the Group’s regional
presence and local manufacturing capability to deliver their technologies.
The recent project awards are a positive step
forward for the Groups expansion strategy in the Middle East, with the goal of
becoming a leading provider of subsea technologies and services for offshore
energy projects in the region.
Alasdair MacDonald, Executive Chairman of
Tekmar Group said: “Since Pipeshield’s acquisition in 2019, the Pipeshield team
has integrated well within the Tekmar Group and are now supplying multiple
projects alongside other Group companies around the world. It is great to see
Tekmar Energy and Pipeshield International combining their shared knowledge and
experiences to secure and deliver work together in the Middle East”.
To learn more about how Tekmar Group can
support your offshore project please visit http://www.tekmargroup.com.
ABOUT TEKMAR GROUP
Tekmar Group plc work together to provide
market-leading technology and services to the global offshore energy markets.
Tekmar Group’s primary operating companies are Ryder Geotechnical Limited,
AgileTek Engineering Limited, Subsea Innovation Limited, Tekmar Energy Limited
and Pipeshield International Limited.
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