New Wave Media

September 3, 2015

Tekmar Says Bucking O&G Market Trend

Photo courtesy of Tekmar Energy

Photo courtesy of Tekmar Energy

Subsea cable protection specialist Tekmar Energy said it is bucking the market trend after experiencing steady growth in the oil and gas sector during what has been a challenging time for the industry.

Since the start of the year, and against the dramatic fall in the oil price, the company has expanded its reach into new global regions, won multiple orders of repeat business and brought in six new clients so far this year including JDR Cables, FlexLife and GE Oil & Gas.

James Ritchie, CEO, commented, “Working under the stringent guidelines of the American Petroleum Institute’s API 17L specifications, we have invested and expanded our materials processes and in house testing to support the supply into this quality demanding sector.”

In addition, Tekmar has supplied and installed equipment on the prestigious Martin Linge project. Their involvement on the landmark Norwegian development included supply of bend restrictors on the world’s longest high voltage subsea power cable at 170 km.

Charlie Sullivan, Tekmar’s Technical Sales Manager, said, “Not only are we continuing to supply our core market-leading products such as bend restrictors, j-tube seals, split pipe and TekDuct but we are also receiving more enquiries for bespoke solutions where we can deliver further added value through our innovative approach and ideas. As we continue to grow into new regions, there are an increasing number of opportunities and everyone at Tekmar is looking forward to realizing this potential.”

Tekmar’s growth has seen the company expand into the Gulf of Mexico and Middle East for the first time. To support its expansion in the United Arab Emirates, Tekmar has also appointed Emdad as its strategic, local partner.

Tekmar’s renewable energy division has also announced success in the past month. The firm was selected to provide its TekTube on a wind farm in the Netherlands as well as supplying TekLink cable protection systems on the U.S.’s first offshore wind farm, Block Island.

 

American Petroleum Institutecable protection systemsGulf of Mexico
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