Penspen, a leading global energy services company, has continued its momentum in the second quarter of this year, growing its business with the honour of more than twenty-seven new contracts totalling USD 48 million across the global energy market.
The contracts consist of seven-plus new contracts in the Middle East throughout the Project Management Consultancy, Detailed Engineering, and Asset Integrity service lines, as well as a multi-year framework agreement with a key Middle East national oil corporation.
Neale Carter, Executive Vice President for the Middle East, Africa, and Asia Pacific Regions, said that the company’s commitment to the Middle East as one of their core markets combined with the strengths of international and local market experience, helps them deliver key assistances to new and existing energy projects. The team is performing an outstanding job by delivering great engineering knowledge and building strong relationships with their clients, and as a result it is encouraging to see the growing demand for their engineering and project management services.
Penspen key contract features
- Thirteen plus new contracts in the UK and Europe across the Asset Integrity, Asset Management, and Engineering service areas consisting of a large-scale, low-carbon hydrogen project in the UK.
- Seven plus new contracts in the Middle East across the Project Management Consultancy, Detailed Engineering, and Asset Integrity service areas, consisting of a multi-year framework agreement with a major Middle East national oil company.
- Seven plus new contracts in Latin America and North America across the Asset Management and Asset Integrity service areas, consisting of a high-ranking pipeline modelling study in Peru.
About Penspen
Penspen is a team of perceptive individuals who design, maintain, and optimise energy infrastructure to improve access to sustainable energy for communities across the globe. Penspen helps meet the planet’s evolving energy requirements by offering consulting, project, and engineering solutions throughout the entire energy asset lifecycle. For about 70 years, Penspen has served clients with more than 10,000 projects in the Middle East, Asia, Africa, Europe, the UK, and the US.
Penspen is an honoured member of the Dar Group, a renowned, privately-owned professional services group with award-winning impact and worldwide reach.
As an engineering, architectural, and planning consultancy that values specialty expertise, the Dar Group is unified by a commitment to offering clients with multi-disciplinary solutions entrenched in excellence, invention, teamwork, sustainability, and technology to deliver social and community influence.