Tekmar shares climb as secures grouting services contract in Scotland
Tekmar Group PLC on Monday announced it has won a new contract to provide grouting services for the Inch Cape Offshore Wind Farm, off the east coast of Scotland.
The Newton Aycliffe, England-based technology and services provider for global offshore energy markets said the project will see it deliver grouting for offshore wind infrastructure reinforcing its strategic focus on expanding its presence in this area.
‘Grouting is an integral component of subsea foundation stability, and Tekmar’s capabilities in this space continue to support the safe, reliable installation of offshore energy assets,’ the firm explained.
Tekmar was awarded the contract by Charles Brand, a civil engineering business and a principal contractor for the project. The contract is scheduled to commence in September.
Chief Executive Richard Turner said: ‘This contract win marks another step in our strategy to broaden Tekmar’s offshore wind service offering, particularly in grouting - an area of increasing strategic importance for the group. We are delighted to be supporting Charles Brand on a nationally significant project like Inch Cape, and we look forward to safe and successful delivery later this year.’
Shares in Tekmar rose 4.2% to 4.95 pence each in London on Monday.
Copyright 2025 Alliance News Ltd. All Rights Reserved.