EnerMech secures over USD 128 million in new contract wins

  • By Rig Lynx
  • Jul 18, 2022
  • Category : Archives
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Global integrated solutions specialist EnerMech has secured several OPEX and CAPEX contracts in core and new markets totaling (USD)$128 million across its Africa, Middle East and Caspian locations.

This success follows a program of strategic growth activities including a new equipment investment of approx. (USD) $10 million, signing several in-country joint ventures and partnerships, and a major recruitment drive expanding the EnerMech team of local hires across these geographies by a projected 63%, in the next 12 months.

In total, a broad spectrum of 11 core competency projects have been awarded by eight key clients to the business in Angola, Azerbaijan, Kazakhstan, Qatar, Turkey and the UAE in the last nine months.

Having expanded its crane capabilities in Kazakhstan with a full team of local experts, the division has secured its first crane maintenance contract. The (USD) $6.7 million award will see the team delivering onshore and offshore crane maintenance, repair, inspection and certification services.

The other projects include valve maintenance services provided to a national oil company in the Middle East, crane maintenance and process, pipeline and umbilical work for a major operator in Turkey and a turnaround and maintenance scope for a national LNG company in Angola.

Source: EnerMech

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