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Tekmar Group PLC - Darlington, England-based technology and services provider for global offshore energy markets - Announces contract awards worth over £1.5 million to deliver specialised offshore grouting services in partnership with Engineering, Procurement, Installation and Commissioning contractors. The projects are located in the Middle East with existing customers. Chief Executive Officer Richard Turner says: ‘Grouting services are a central part of Tekmar’s service offering and growth strategy and we are committed to further expanding our grouting solutions to support offshore infrastructure resilience and client requirements worldwide. These contract awards highlight the customer value of our advanced grouting capabilities and also aligns with the group’s goal to drive innovation and sales growth in this critical service line.’ Current stock price: 7.45 pence each, up 2.8% on Monday afternoon in London 12-month change: down 32% Copyright 2024 Alliance News Ltd. All Rights Reserved.
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