Tekmar Energy has announced ambitious plans to return to the oil and gas market, while maintaining its leading position in offshore renewables.
As part of the firm’s blueprint for growth, it aims to generate £15million in turnover from its oil and gas operations by 2016 as part of a strategy to increase overall turnover to £50m from £22m and create between 30 and 50 new jobs.
The company, headquartered in Newton Aycliffe, County Durham, UK. is also looking to open a base in Aberdeen, while expanding its existing operations in the northeast of England.
Founded in 1985, the firm initially specialized in oil and gas before moving into the expanding offshore renewables industry, when it developed bespoke cable protection systems for cables connecting wind turbines.
“Within the rapidly expanding subsea oil and gas sector, there is rising demand for high quality, reliable protection systems for subsea umbilicals, risers, and flowlines. We are gearing up to respond to this need with a flexible, high-quality service, and reduced delivery times,” says chief executive James Richie.
“Oil and gas is an area we already know and understand, and we feel the time is right for us to return to this sector. The industry rightly demands the highest quality in delivery and safety standards, and we have a strong history of meeting these requirements.”
Tekmar is fully QHSE compliant and has obtained ISO 9001, 14001 and 18001 accreditations.
Over the past five years Tekmar has installed more than 1200 cable protection systems and has a further 1000 in design or manufacture for the 26 windfarms it has been involved in across Europe.
The firm’s specially developed Teklink system provides enhanced cable life and resilience – reducing the risk of damage and requirement for maintenance. Teklink can also be installed without the use of divers and also removes the requirement for a J-tube.
Image: The Teklink protection system enhances cable life.