Tekmar Group signs exclusive framework agreement with Jan De Nul

Tekmar Group

Tekmar Group plc (LON:TGP), a leading provider of asset protection technology and offshore energy services globally, has announced that it has signed an exclusive framework agreement with Jan De Nul for the engineering, manufacturing and supply of Tekmar’s 10th Generation Cable Protection System (CPS) supporting TenneT’s 2GW Program in Germany.

The first awards under the agreement cover two projects. Work has commenced immediately on the first project with delivery expected in FY2027. The second project will be delivered in FY2028.

Richard Turner, Chief Executive Officer of Tekmar Group, commented:

“We are delighted to extend our relationship with Jan De Nul through this new framework agreement. It demonstrates the confidence placed in Tekmar’s engineering expertise and delivery capability, while providing a clear pathway of multi-project opportunities in the growing German offshore wind market.”

Harold Heeffer, Portfolio Director Subsea Cables at Jan De Nul commented:

“Jan De Nul selected Tekmar’s 10th Generation Cable Protection System for its combination of proven track record and continuous innovation. This framework agreement secures reliable technology for multiple projects within TenneT’s 2GW Program and strengthens the long-term collaboration between our companies.”

We’ll keep you in the loop!

Join 1,000's of investors who read our articles first

We don’t spam! Read our privacy policy for more info.

Share on:
Find more news, interviews, share price & company profile here for:

Tekmar Group signs exclusive framework agreement with Jan De Nul

Tekmar Group plc (AIM: TGP) has entered into an exclusive framework agreement with Jan De Nul to supply its 10th Generation Cable Protection System for projects under TenneT’s 2GW Programme in Germany.

Tekmar Group secures $1.5 million contract for marine asset protection

Tekmar Group has won a $1.5 million contract with an existing EPC customer to supply engineered scour protection solutions and specialised installation equipment.

Tekmar secures over US$10m offshore energy contract in UAE

Tekmar Group has been awarded a contract worth more than US$10 million by a leading international EPC contractor for a major offshore energy project in the United Arab Emirates.

Tekmar issues FY2025 trading update, expects EBITDA break-even

Tekmar Group has reported delays in contract awards, with some revenue now expected to move into FY2026. The company anticipates achieving adjusted EBITDA break-even for FY2025, reflecting improved second-half trading.

Tekmar wins $1.6m offshore grouting contracts in Qatar

Tekmar Group has secured two offshore grouting contracts in Qatar worth around US$1.6 million. The projects, awarded by existing customers, involve pipeline support remediation using ROV-deployed grout bag technology and are scheduled for completion by October 2025.

Tekmar Group appoints Phil Lanigan as Chief Financial Officer

Tekmar Group has announced the appointment of Phil Lanigan as Chief Financial Officer and Executive Director, subject to regulatory due diligence. Lanigan, formerly Group CFO at CRC Evans, brings extensive experience in business transformation, growth, and M&A.

Search

Search