Taiwan Double for Tekmar

Tekmar has secured two contracts within Taiwan for the supply of its cable protection system product, TekLink and associated accessories.

The combined value, which is for execution and revenue recognition primarily in the current financial year ending 31 March 2020, is worth circa £4 million.

James Ritchie, CEO of Tekmar Group, said: “These recent awards come in addition to our earlier success in the Taiwan market with the Formosa Phase 1 and Phase 2 projects, which are currently being installed. As we have highlighted, the Asia-Pacific offshore market is strategically important to Tekmar and Taiwan has high ambitions for offshore wind, targeting around 9GW of power by 2030. It’s worth noting that in 2018 Taiwan had no installed bases.”

The contracts are in line with existing management expectations and the Group has not altered its guidance for FY20.

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6th Offshore Well Intervention Conference Gulf of Mexico

The Offshore Well Intervention Gulf of Mexico conference (OWI GOM) is returning to Houston, Texas for its sixth year on Wednesday 20 – Thursday 21 November.

Featuring Anadarko, BP, Shell, Chevron, BHGE and Oceaneering, the conference aims to help operators transition to the latest compliance updates, WI systems and business models that enhance safety, quicken well access and improve commerciality.

Across two days, more than 200 delegates, 15 exhibitors and 30 speakers will network together and create solutions to some of the most pertinent industry challenges right now, through a conference programme focused on:

  1. Clarifying compliance updates
  2. Quicker well access and safer well control
  3. ​Understanding HPHT well intervention (systems)
  4. Forecasting well intervention activity, discussing new commercial models and comparing platform options
  5. Best practice riserless well intervention
  6. ​The latest well intervention equipment

For registration, speaking or sponsorship enquiries contact Abigail Clifton on aclifton@offsnet.com; +44 (0) 203 793 8800.

More info

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Europort 2019

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