Framework agreement with NMDC Infra
Summary by AI BETAClose X
9th November 2026
Tekmar Group plc
(“Tekmar”, the "Company" or the "Group")
Tekmar signs strategic framework agreement with NMDC Infra
Tekmar Group plc (AIM: TGP), a leading provider of asset protection technology and offshore energy services, is pleased to announce that it has further strengthened its relationship with NMDC Infra, establishing a framework to support both companies’ strategy to expand their concrete solutions offering, strengthen key customer relationships and grow their presence across the Middle East.
The framework outlines how the companies propose to collaborate on concrete protection opportunities, including major projects requiring concrete mattress, concrete sleepers and related protection & infrastructure solutions. The agreement was formally established via the signing of a non-binding Memorandum of Understanding (“MOU”) during ADIPEC in Abu Dhabi by Richard Turner, Chief Executive Officer of Tekmar, and Haris Giatsos, Chief Executive Officer of NMDC Infra.
The agreement is in line Project Aurora, which included identifying opportunities to broaden Tekmar’s addressable market, such as expanding the range of concrete protection solutions available to customers across offshore energy projects.
NMDC Infra is a leader in civil construction, with a focus on marine protection products, delivering complex, high-value, and nationally significant projects with precision. It is part of NMDC Group, an integrated energy and marine services, engineering, procurement, and construction (EPC) organisation, with a footprint spanning the MENA region, South Asia, and beyond.
Richard Turner, Chief Executive Officer of Tekmar, commented:
"Establishing this framework strengthens our relationship with NMDC Infra, providing the basis on which we can collaborate to pursue future opportunities across the region. The Middle East remains a core market for Tekmar, with long-term projects of national and international importance, offering material opportunities for ongoing growth, alongside other established markets. Key to unlocking those opportunities and expanding our presence in the region is the development of long-term and trusted relationships, which this framework helps to support."
Haris Giatsos, Chief Executive Officer of NMDC Infra, commented:
"This MoU builds on our strong relationship with Tekmar and brings together NMDC Infra’s track record in delivering complex marine infrastructure with Tekmar’s engineering expertise in asset protection. We look forward to exploring how, together, we can offer clients in the UAE and across the region a broader range of concrete protection solutions, delivered to the highest standards of quality and reliability.”
Enquires
|
Tekmar Group plc Phil Lanigan, CFO
|
c/o +44 (0)20 4582 3500 |
|
|
|
|
Cavendish Capital Markets Limited (Nomad and Broker) Neil McDonald Pearl Kellie
|
+44 (0)131 220 9771 +44 (0)131 220 9775 |
|
|
|
|
Celicourt Communications (Financial Media & Investor Relations) Philip Dennis Sophie Brand Kristina Qevani
|
+44 (0)20 7770 6424 |
About Tekmar Group plc
Tekmar Group plc is a leading provider of asset protection technology and offshore energy services, supporting the global energy transition and marine infrastructure markets.
Operating across two core divisions — Asset Protection Technology and Offshore Energy Services — the Group delivers proprietary, engineering-led solutions that protect, stabilise and extend the life of critical offshore assets, including offshore wind farms, subsea interconnectors, oil and gas infrastructure, and ports and harbours.
With 40 years of experience, Tekmar has delivered asset protection and stabilisation solutions to more than 120 offshore wind projects across 25 countries, supporting over 50GW of installed capacity globally. The Group has deployed over 12,000 cable protection systems, supplied more than 100,000 subsea stabilisation products, and delivered in excess of 300,000 geotechnical and analysis hours, underpinned by a team of specialist engineers across multiple disciplines.
Through continuous innovation and scalable engineering and manufacturing capability, Tekmar supports increasingly complex offshore energy and marine infrastructure developments worldwide.
Headquartered in Newton Aycliffe, UK, Tekmar Group operates internationally with offices, manufacturing facilities, strategic supply partnerships and representation across Europe, Africa, the Middle East, Asia- Pacific and North America.
For more information visit: www.tekmargroup.com
RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
Latest directors dealings
- 2 hours ago Luceco
- 2 hours ago Helios Towers
- 3 hours ago Wise Class A
- 3 hours ago EDX Medical Group Plc
- 3 hours ago Naked Wines