Penspen Training News & Events Work for Penspen Contact Home About Us Capabilities Experience Insights Ageing Assets Energy Transition Home > News & Events > Middle East > Penspen Secures Over $70 million Worth of New contracts in Middle East & Africa Penspen Secures Over $70 million Worth of New contracts in Middle East & Africa 08-09-2021 Company delivers very successful year to date and strong forecasts despite pandemic We have recorded a highly successful year to date in the Middle East and Africa with a strong performance forecast for the rest of the year. The company’s Project Management Consultancy (PMC) service line has secured more than $50 million from five new, long-term contracts from a major Middle East NOC during 2021. The Engineering Project Consultancy (EPC) projects being executed under Penspen’s PMC supervision will support the achievement of the client’s 2030 integrated strategy goals. Penpen’s Asset Integrity (AI) service line has secured more than $10 million from four new, long-term contracts from BP ROO, Dubai Petroleum and a Middle East NOC. The contracts cover a range of Asset Integrity services, including pipeline integrity management, corrosion consultancy, risk based inspection assessment and cathodic protection assessment. In addition, Penspen’s Engineering service line has brought in more than $10 million from 17 new medium-term contracts from Robt Stone, Galfar Emirates, Target Engineering Construction Company, Archirodon, Arabian Industries, Probus Engineering Construction and Petrozim Line PVT Ltd. The contracts cover a range of support services such as Study, FEED and detailed design for the development of energy assets in the Middle East and Africa. “We are delighted with our performance in the Middle East and Africa so far this year, particularly in light of such challenging global market conditions caused by the pandemic. These long and medium-term contracts establish a solid platform for further growth throughout this year and beyond, ” said Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific regions at Penspen. “We appreciate the confidence placed in us by our highly valued clients. Their trust in us to deliver our leading Project Management Consultancy, Asset Integrity and Engineering Consultancy services is the driver behind our continuing regional expansion. We have doubled our regional workforce in the past four years to over 560 members of staff, and to support our new contract awards we expect to see our numbers grow to over 600 members of staff by the end of 2021.” Contacts: Roxie Nilsson, Global Marketing & Communications Manager, Penspen r.nilsson@penspen.com +44(0)7966 313216 Andy Groundwater, Fifth Ring andy.groundwater@fifthring.com PREVIOUS ARTICLE Recent Articles Penspen Secures Over $70 million Worth of New contracts in Middle East & Africa Penspen Signs Second Contract with Galfar Emirates Penspen to Deliver Next-Generation Engineering Project for Petrozim Penspen wins Additional Detailed Engineering Project from Target Engineering Construction Company Penspen Wins £1.8m Contract From Galfar Engineering & Contracting Emirates Archive — Select year — 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Get in touch info@penspen.com London: +44 (0)20 8334 2700 LinkedIn Home Experience Capabilities About Us Contact Training News & Events Work for Penspen Resources Cookie Policy Privacy Statement Statement of Investment Principles Site map Legal Standard Terms and Conditions © 2021 Penspen. All rights reserved. Part of the Dar Group Website by Thompson Brand Partners.