Tekmar Announces Plans For O&G Return

MarineLink.com
Friday, July 26, 2013
Cable protection specialist Tekmar Energy plans to return to the oil and gas market whilst maintaining its leading position in offshore renewables.

Cable protection company for the offshore wind industry Tekmar Energy announced its plans to return to the oil and gas market whilst maintaining its leading position in offshore renewables.
 


As part of the firm’s blueprint for growth, it aims to generate £15million in turnover from its oil and gas operations by 2016 as part of a strategy to increase overall turnover from £22-50 million and create 30-50 new jobs.
 


The company, headquartered in Newton Aycliffe, County Durham. is also looking to open a base in Aberdeen whilst expanding its existing operations in the North-east of England.
 


Founded in 1985, the firm initially specialized in oil and gas before moving into the expanding offshore renewables industry when it developed bespoke cable protection systems for cables connecting wind turbines.


 
Chief executive James Richie said, “Within the rapidly expanding subsea oil and gas sector, there is rising demand for high quality, reliable protection systems for subsea umbilicals, risers and flowlines. We are gearing up to respond to this need with a flexible, high quality service and reduced delivery times.


 
“Oil and gas is an area we already know and understand and we feel the time is right for us to return to this sector. The industry rightly demands the highest quality in delivery and safety standards and we have a strong history of meeting these requirements.”


 
Tekmar is fully QHSE compliant and has obtained ISO 9001, 14001 and 18001 accreditations.


 
Over the past five years Tekmar has installed more than 1,200 cable protection systems and has a further 1,000 in design or manufacture for the 26 windfarms it has been involved in across Europe.
 


The firm’s specially developed Teklink system provides enhanced cable life and resilience – reducing the risk of damage and requirement for maintenance. Teklink can also be installed without the use of divers and also removes the requirement for a j-tube.
 


Tekmar’s success was recently recognised when it was named the Company of the Year and won the Manufacturing Award at the 2012 Durham and Wearside Business Awards. In 2010, Tekmar won the Innovation Award at the North–east Business Awards.

 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Vestas Profit Beats Forecast

Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling

MV Cape Ray Signals DTRA 'Mission Complete'

The Defense Threat Reduction Agency announces the successful completion of the Cape Ray's mission to destroy Syria's chemical weapons components at sea. The Defense Threat Reduction Agency/U.

HK's COSCO International Reports Strong Profit Growth

For the  six months ended 30th June 2014, shipping services provider COSCO International has announced that its 2014 Interim Results show strong profit growth with Net Profit up 45% YOY.

Offshore

Vestas Profit Beats Forecast

Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling

Maersk Drilling Rig Team Train Local Talent

Maersk Drilling says that its 'Mærsk Deliverer' rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent

New Offshore Vessel Management Mobile App

Telerik says that its customer Bhagwan Marine, a leader in servicing the oil and gas industry, together with partner, Glenfield Digital Group, has released the

Energy

Russia Conducts High North Geophysical Surveys

For the first time, as part of the Arctic-2014 high-latitude expedition, nuclear icebreakers 'Akademik Fedorov' and 'Yamal' have conducted an entire complex of geophysical research at the North Pole,

Mærsk Putting Valuable Experience to Good Use

The Mærsk Deliverer rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent to take on increasingly

CIMC Raffles' COSLInnovator is "Rig of the Month"

In July 2014, the CIMC Raffles North Sea semisubmersible drilling rig unit, COSLInnovator, was awarded as "Rig of the Month” again by STATOIL. It is the fifth

Wind Power

Vestas Profit Beats Forecast

Danish wind turbine maker Vestas Wind Systems posted much higher than expected second-quarter earnings and slightly increased its guidance for the full year, signaling

OSV Hull Arrives at Havyard's Leirvik Yard

Havyard says that newbuild number 118 has arrived from Turkey at the yard in Leirvik, being the first of two vessels that will be outfitted to provide service and

The Switch Wins Repeat PM Shaft Generator Order

The Switch, a supplier of megawatt-class permanent magnet (PM) generator and full-power converter packages for wind power and other renewable energy applications,

Offshore Energy

Maersk Drilling Rig Team Train Local Talent

Maersk Drilling says that its 'Mærsk Deliverer' rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent

Russia Conducts High North Geophysical Surveys

For the first time, as part of the Arctic-2014 high-latitude expedition, nuclear icebreakers 'Akademik Fedorov' and 'Yamal' have conducted an entire complex of geophysical research at the North Pole,

Mærsk Putting Valuable Experience to Good Use

The Mærsk Deliverer rig team has initiated seven local acceleration programmes in Angola. The goal is to train and develop local talent to take on increasingly

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Maritime Standards Navigation Pipelines Pod Propulsion Port Authority Ship Electronics Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3443 sec (3 req/sec)