Supplier Diversification – Offshoring and Nearshoring
Date & Time 26 Aug 202011:00 - 12:00 BST Major recent risks such as the oil crash and COVID-19,...
Lowestoft, UK - 30 March 2020: Pipeshield International Limited, a Tekmar Group company, sees a fruitful first quarter in 2020 having secured 20 new projects with a multi-million-dollar total value from customers in the UK, Europe, US, Middle East and Asia.
The projects contribute to the continued growth of Pipeshield’s order book and demonstrate the company’s ability to support multiple clients, sectors and projects on a global scale.
Amongst the awards is a contract to supply over 90 4Te Precise Rock Placement Units (PRP’s) to the Marine Civils Market in the UK. This is an important award for the company that has identified global marine civils as a significant growth area.
Almost half of the new awards come from customers in Azerbaijan, Saudi Arabia and the UAE. The UAE awards follow the successful registration of Pipeshield International Trading LLC with ADNOC for concrete mattresses and fabric formworks, which was also achieved during this period. Orders have been placed with Pipeshield to design, manufacture and deliver over 200 various size mattresses and over 70 concrete sleepers for major subsea oil and gas projects in the region. Production will take place at Pipeshield’s dedicated supply bases in Dammam, Abu Dhabi, Dubai and Baku.
Pipeshield continues to support the UK and European offshore oil and gas market and has picked up contracts to design, manufacture and supply over 250 concrete and uniflex mattresses, 400 bolster bags, PRP’s, grout, speed loaders and dual release frames for mattress deployment. The company will also supply protection mattresses and lifting frames to the UK, French and US offshore wind markets.
David Blake, General Manager said; “We are proud of the company’s performance and would like to thank the Pipeshield team, our suppliers, partners and customers for helping us continue to deliver, especially during these difficult times. We look forward to providing our customers with market-leading subsea protection and stabilising solutions.