Business
Contract Award for Logistics Port Development
Tekmar Group plc has secured a US$1.5 million contract with an existing EPC customer for engineered scour protection solutions for a major port infrastructure development in the Middle East, with delivery scheduled for the third quarter of 2026. This award strengthens the company's relationship with a key client and highlights Tekmar's technology's value in the growing ports and harbours sector, contributing to its diversified global footprint. Disclaimer*
About this update from Tekmar Group Plc
[{"type":"text","content":"\n\n \nTekmar Group plc\n(\"Tekmar\", the \"Company\" or the \"Group\")\n \nContract Award for Logistics Port Development\n \nTekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, is pleased to announce that it has secured a US$1.5 million contract with an existing Engineering, Procurement and Construction (EPC) customer to supply engineered scour protection solutions for a major port infrastructure development in the Middle East.\n \nThe contract scope includes the engineering design and supply of bespoke scour protection solutions, providing long-term stability and protection for port infrastructure in challenging marine conditions. Delivery is scheduled for the third quarter of 2026.\n \nRichard Turner, CEO of Tekmar, commented:\n\"We are very pleased to be able to strengthen our relationship with this key customer. This award reflects the significant value Tekmar's technology brings to the growing ports and harbours sector and highlights our continued success in developing a more diversified global footprint.\"\n \nEnquiries:\n \n\n\n\n\nTekmar Group plc Richard Turner, CEO\nPhil Lanigan, CFO\n \n\n\nc/o +44 (0)20 4582 3500\n\n\n\n\nCavendish Capital Markets Limited (Nomad and Broker) Peter Lynch\nNeil McDonald\nPearl Kellie\n \n\n\n\n+44 (0)131 220 9772\n+44 (0)131 220 9771\n+44 (0)131 220 9775\n\n\n\n\nGracechurch Group (Financial Media & Investor Relations)\nMurdo Montgomery\nAlexis Gore\n\n\n+44 (0)20 4582 3500\n\n\n\n\n \nAbout Tekmar Group plc\n \nTekmar Group plc collaborates with its partners to deliver robust and sustainable engineering led solutions that enable the world's energy transition.\n \nThrough 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. \n \nWe have a clear strategy focused on s...