Newton Aycliffe-based Tekmar Group plc has secured a major new contract worth more than €3.5 million to supply cable protection technology for a significant offshore energy project in the Middle East. The deal marks a major milestone for the AIM-listed engineering firm (AIM: TGP), with delivery scheduled by June 2026.

The win represents Tekmar’s largest polyurethane cable protection contract to date with this long-standing customer – a leading global oilfield services provider. The growing contract value reflects increased trust in Tekmar’s ability to execute complex and high-value projects in the region.

The company, which specialises in asset protection technology and offshore energy services, says the deal underlines its credentials as a trusted delivery partner for critical offshore infrastructure.

Richard Turner, CEO of Tekmar, said:

“This award highlights our continued growth in the Middle East and the confidence customers place in Tekmar’s proven technology and engineering expertise. 

"We are seeing strong momentum in regional demand for cable protection, following the $10 million Middle East contract announced in September. Through a combination of innovation, proven performance, and customer focus, Tekmar continues to be recognised as the partner of choice for protecting the world’s most critical offshore assets.”

The announcement follows a series of recent contract wins that signal growing demand across Tekmar’s global client base. The firm now operates in 18 locations worldwide, with a strategy centred on delivering sustainable, engineering-led solutions for the offshore energy and marine infrastructure sectors.