Tekmar Energy
Tekmar Group plc is a UK-based provider of subsea cable protection systems, J-Tube seals, and offshore engineering services for offshore wind developers, oil and gas operators, and marine infrastructure clients, with over 12,000 systems deployed globally.
- Company typePublic
- Founded1980
- HeadquartersNewton Aycliffe, United Kingdom
- Headcount51–100
- GTM typeB2B
- OfferingHardware or Manufacturing
What Tekmar Energy does
Tekmar Group plc is a UK-based offshore engineering company that designs and manufactures subsea protection systems for offshore wind, oil and gas, and marine infrastructure. Its core offering is the Generation Cable Protection System, now in its 10th generation, along with J-Tube seals and ancillary cable management products; over 12,000 Tekmar systems protect more than two-thirds of the world's installed offshore wind capacity. The company operates through three consolidated subsidiaries — Tekmar Energy (subsea stability and protection), Pipeshield, and Ryder (marine engineering services) — unified under a single brand in June 2026.
Tekmar generates revenue primarily through project-based enterprise contracts with Engineering, Procurement and Construction (EPC) customers in offshore wind and oil and gas. Recent contract wins include a £7 million UK wind farm deal, a £4 million-plus European offshore wind farm agreement, an €8 million offshore wind contract subject to Final Investment Decision in early 2026, and a £3 million Middle East contract, with revenue recognised as projects progress over multi-year delivery schedules. FY2025 turnover reached £28.7 million, with H1 FY2026 revenue of £16.2 million representing 31% year-over-year growth. Distribution is handled through direct enterprise field sales supplemented by industry conference presence such as Global Offshore Wind 2026.
The company is publicly listed on the London Stock Exchange (ticker: TGP), headquartered in Newton Aycliffe, UK, and employs 51-100 people. In April 2023, SCF Partners invested £22 million to support growth strategy while Tekmar remained publicly traded and independent. The company has executed a turnaround under CEO Richard Turner's Project Aurora restructuring plan, divested non-core Subsea Innovation in 2024 and the Innovation House property in February 2026, and reported a record order book of £30.1 million alongside EBITDA turning positive in H1 FY2026.
Tekmar Energy firmographics
Firmographics- Name
- Tekmar Energy
- Legal name
- Tekmar Group plc
- Website
- https://tekmar.co.uk
- Company type
- Public
- Founded year
- 1980
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Tekmar Group plc is a UK-based provider of subsea cable protection systems, J-Tube seals, and offshore engineering services for offshore wind developers, oil and gas operators, and marine infrastructure clients, with over 12,000 systems deployed globally.
- Ownership category
- akta.pro rank
Tekmar Energy industry classification
Industry- Product category
- Subsea Cable Protection Systems
- NAICS
- Ship Building and Repairing (336611), Power and Communication Line and Related Structures Construction (237130)
- SIC
- Oil & Gas Field Machinery & Equipment (3533), Ship & Boat Building & Repairing (3730), Oil & Gas Field Services, Nec (1389)
- akta.pro primary industry
- Subsea Cable Maintenance Zones & Fleet Operators (Fault Response) (HDAIALAD)
- akta.pro secondary industry
- Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting) (IMAJAGAF)
Keywords
Where Tekmar Energy is headquartered
LocationHeadquarters
- HQ city
- Newton Aycliffe
- HQ country
- United Kingdom
- HQ region
- Europe
Offices3 records
Markets served
Tekmar Energy business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Offshore Wind Project Contracts: Revenue generated from supplying cable protection systems and ancillaries to offshore wind farm projects. Contracts typically span multiple fiscal years with delivery schedules across FY26 and FY27. Revenue recognition occurs as projects progress.
- Oil and Gas Project Contracts: Revenue from asset protection technology and services for oil and gas offshore projects. Projects include subsea stability and protection solutions for marine infrastructure.
- Marine Infrastructure Services: Engineering expertise and specialist technologies for marine infrastructure projects including protection systems and offshore services.
Go-to-market motion2 records
Distribution channels1 record
Marketing channels1 record
Tekmar Energy product offering
Product offeringCore offering
Tekmar Energy designs, manufactures and supplies subsea cable protection systems (notably its 10th Generation Cable Protection System) along with J-Tube seals and ancillary cable management products for the offshore wind, oil and gas, and marine infrastructure sectors. Through its Pipeshield and Ryder sub-brand operations, it also delivers specialist offshore engineering and marine infrastructure services. More than 12,000 Tekmar systems are deployed worldwide, protecting over two-thirds of installed offshore wind capacity.
Product overview
Tekmar Group operates as an offshore engineering company offering a portfolio of specialist technologies and offshore services for offshore energy and marine infrastructure projects. The company consolidated three operating businesses—Tekmar Energy, Pipeshield, and Ryder—under a unified brand identity in 2026. The core product is the Generation Cable Protection Systems (now in its 10th generation), which provides subsea stability and protection technology for offshore wind, oil and gas, and marine infrastructure sectors. The company also offers ancillary products and services including J-Tube seals and related cable management solutions.
Differentiator
Problem solved
Functional benefit
Products and services
- 10th Generation Cable Protection System
Quantifiable outcome
- Revenue increased 31% year-over-year to £16.2 million in H1 FY2026
- +4 more outcomes
Companies that use Tekmar Energy
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles2 records
Tekmar Energy technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Tekmar Energy partnerships and signals
Strategic signalScale indicators10 records
Recent moves8 records
Expansion highlights5 records
Tekmar Energy competitors and assessment
Company assessmentDirect peers
- Trelleborg AB: Trelleborg's offshore engineered solutions business supplies cable protection systems, bend stiffeners, and buoyancy products for offshore wind and oil & gas, directly competing with Tekmar's 10th Generation Cable Protection Systems in the same customer RFPs.
- Balmoral Group: Balmoral designs and manufactures subsea cable and pipeline protection products, including bend restrictors and cable protection systems, serving the same offshore wind and oil & gas installers as Tekmar.
- CRP Subsea: CRP Subsea (formerly Trelleborg's offshore operation) supplies subsea cable protection, pipeline isolation, and seabed support products specifically targeted at offshore wind and inter-array cable protection — a head-to-head competitor to Tekmar Energy.
- First Subsea: First Subsea provides cable protection systems and bend stiffeners for offshore wind and subsea cable installations, overlapping directly with Tekmar's core product portfolio.
Broad incumbents
- Prysmian Group: Prysmian is the world's largest subsea power and telecom cable manufacturer; while upstream of Tekmar in the value chain, it is a key buyer-adjacent player whose technology roadmap and pricing decisions shape demand for cable protection systems.
- NKT A/S: NKT designs, manufactures, and installs high-voltage subsea power cables for offshore wind farms, operating in the same offshore wind value chain as Tekmar and frequently co-developing cable system solutions with cable protection suppliers.
- JDR Cable Systems: JDR manufactures subsea power cables and umbilicals for offshore wind, oil & gas, and wave & tidal markets, sitting adjacent to Tekmar as a key supplier into shared offshore energy customers.
- Subsea 7: Subsea 7 is a major offshore installation contractor for subsea cables, umbilicals, and offshore wind farm infrastructure, serving as both a potential customer and competitor-adjacent player in offshore engineering services analogous to Tekmar's Ryder and Pipeshield businesses.
Emerging players
- Hellenic Cables: Hellenic Cables manufactures submarine and offshore wind cables, addressing the same offshore wind developers that buy Tekmar's cable protection systems; a growing European competitor at the cable supply stage.
Others
- DEME Group: DEME is a leading offshore wind installation contractor and a major Tekmar customer through its EPCI projects; relevant as both a customer ecosystem participant and a benchmark for offshore wind infrastructure activity levels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Tekmar Energy social profiles
Digital presenceTekmar Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Tekmar Energy leadership team
Management profileNumber of profiles
Profiles2 records
Tekmar Energy subsidiaries and ownership
Company hierarchySubsidiaries3 records
Tekmar Energy funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Tekmar Energy M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Tekmar Energy
What does Tekmar Energy do?
Tekmar Energy designs, manufactures and supplies subsea cable protection systems (notably its 10th Generation Cable Protection System) along with J-Tube seals and ancillary cable management products for the offshore wind, oil and gas, and marine infrastructure sectors. Through its Pipeshield and Ryder sub-brand operations, it also delivers specialist offshore engineering and marine infrastructure services. More than 12,000 Tekmar systems are deployed worldwide, protecting over two-thirds of installed offshore wind capacity.
Is Tekmar Energy a public or private company?
Tekmar Energy is a public company. It is classified as public and is currently operating.
When was Tekmar Energy founded?
Tekmar Energy was founded in 1980. It employs 51 to 100 people.
Where is Tekmar Energy based?
Tekmar Energy is headquartered in Newton Aycliffe, United Kingdom, in the Europe region.
How does Tekmar Energy make money?
Three revenue lines are on record. Offshore Wind Project Contracts are the primary driver. The others are oil and Gas Project Contracts and marine Infrastructure Services.
Who are Tekmar Energy's main competitors?
Direct peers on record are Trelleborg AB, Balmoral Group, CRP Subsea and First Subsea. Broad incumbents are Prysmian Group, NKT A/S, JDR Cable Systems and Subsea 7. Hellenic Cables is listed as an emerging player. DEME Group is listed as an others.
Does Tekmar Energy have an API?
No public API is recorded for Tekmar Energy.
What industry is Tekmar Energy in?
Tekmar Energy's product category is Subsea Cable Protection Systems. Its primary akta.pro industry code is HDAIALAD, Subsea Cable Maintenance Zones & Fleet Operators (Fault Response), with a secondary code of IMAJAGAF, Electrical Engineering & Power Distribution (Generation, Switchboards, Cabling, Lighting). Its NAICS code is 336611 and its SIC code is 3533.