Tekmar Group PLC (TGP.L) Subsea Innovation seals multiple contracts for Pipe-in-Pipe Waterstops

Darlington, UK – 22 May 2020: Subsea Innovation Limited, a Tekmar Group Company, is pleased to announce multiple awards across the offshore oil and gas sector to supply Pipe-In-Pipe Waterstop SISeals®.

Over the past 6 months, Subsea Innovation, a global leader in the design and build of bespoke equipment for the offshore energy sector, has secured four new contracts to supply SIStop® Waterstop Seals to two leading contractors.

Two of the contracts will include the supply of Subsea Innovation’s Next Generation Seal design which was designed using Subsea Innovations many years of experience to deal with issues experienced when using High-Frequency Welded (HFW) pipes and seam welded pipes which have been introduced within the industry as part of cost-saving measures. This taking the number of live projects that Subsea Innovation has supplied with next-generation seals to eight projects globally, establishing Subsea Innovation as the leading manufacturer of Waterstops on both seamless & welded pipelines.

The Waterstops are designed and tested at Subsea Innovation’s state-of-the-art facility in Darlington, UK, and will be delivered in 2020 for projects around the world including the Gulf of Mexico.

David Thompson, Managing Director at Subsea Innovation, said “we are delighted to secure the orders from our valued customers who recognise the hard work and quality of product our team provides. This also confirms the global demand for our field-proven Waterstop seals, whilst further establishing Subsea Innovation as the market-leading supplier of pipe-in-pipe Waterstops”.


Subsea Innovation Limited is part of Tekmar Group plc alongside, Ryder Geotechnical Limited, AgileTek Engineering Limited, Tekmar Energy Limited, and Pipeshield International Limited. Tekmar Group works together to provide leading technology and services to the global offshore energy markets.

Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned

Weekly Newsletter

Sign up to receive exclusive stock market content in your inbox, once a week.

We don’t spam! Read our privacy policy for more info.