Author Archives: Chuka Okechukwu

  1. Penspen Supports Development of Next-Gen Engineers

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    Company graduate training program providing pathway to employment for talent 

    Leading global energy services company Penspen is demonstrating its continuing commitment to the United Arab Emirates with a tailored scheme to develop the next generation of engineers.

    Penspen’s proven expertise in delivering asset solutions at every project stage is providing energy companies with the technical knowledge to meet multiple challenges across the globe, and it is ensuring these skills are passed on to future generations with its Emirati Graduate Program. The scheme is specifically designed for graduates in the United Arab Emirates (UAE)and is delivered in partnership with Khalifa University, with the aim to help future engineers develop the technical competency and real-world experience required to succeed in their fields.

    Neale Carter, Penspen Executive Vice President for the Middle East, Africa, and Asia Pacific Regions said: “We are committed to investing in the Middle East both in terms of projects and people. The region is rich with engineering talent, and we are dedicated to helping graduates fulfill their potential as we all work towards improving access to safe, secure and clean energy supplies for the communities in which we work.”

    Since launching in 2020, 30 people have successfully completed the Emirati Graduate Programme, with more than20 securing full-time positions with a major NOC and other locally based energy sector companies, and one employed as a graduate engineer in the Penspen Engineering team in Abu Dhabi. Neale added: “We have established strong relationships with clients across the Middle East, and we will continue to deliver value through the local talent and knowledge we have with our graduates.

    “The programme provides graduates with the opportunity to start their careers from the strongest base possible, working alongside those with a deep knowledge of engineering, ensuring that Penspen knowledge and experience built up over many decades is fused with exciting new ideas. “We look forward to bringing this powerful combination to our clients as well as continuing to support the development of expertise in the UAE for the benefit of the people and the country.”

    Penspen recently announced it had been awarded nearly 30 global contracts in the second quarter of 2022, which followed positive operational momentum from the start of this year.

    Want to learn more about the program?

    Visit our Emirate Graduate Program page here to learn more.

    Contacts

    • Roxie Nilsson, Global Marketing and Communications Manager, Penspen

    r.nilsson@penspen.com

    +44(0)7966 313216

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

  2. Penspen Reports $48 Million Worth of New Contracts in Second Quarter 2022

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    Company helping develop and safeguard global energy access

     

    Leading global energy services company Penspen has continued its momentum in the second quarter of this year, growing the business with the award of more than 27 new contracts totalling $48 million across the international energy market.

    While the industry responds to global requirements for energy access amid high commodity prices and the need to ensure availability of energy sources at an affordable price, Penspen’s proven expertise in delivering asset solutions at every project stage is providing energy companies with the technical knowledge required to navigate the supply of energy in line with economic developments and environmental requirements.

    Penspen’s experience in supporting projects for energy operators, utilities, and power providers, from initial concepts through to sustaining and enhancing their assets, has helped the company build on a positive operational performance from the start of this year.

    “We are dedicated to helping our clients improve access to safe, secure, and clean energy supply by providing them with integral knowledge to effectively manage their assets now and in the future,” said Peter O’Sullivan, Penspen CEO.

    “Penspen has decades of technical expertise in supporting global energy companies develop and safeguard their assets – whether in construction such as delivering natural gas for power generation or repurposing existing assets. We have the people and skills to enable our clients to pave the way for the future of the energy industry, as we move towards net zero.”

    Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific Regions, added: “Our commitment to The Middle East as one of our core markets combined with the strengths of international and local market experience, helps us deliver key benefits to new and existing energy projects. The team is doing an outstanding job by providing deep engineering knowledge and building strong relationships with our clients, and it is encouraging to see the growing demand for our engineering and project management services as a result.”

    Key Contract Highlights

    • 13+ new contracts in the UK and Europe across the Asset Integrity, Asset Management, and Engineering service lines including a large-scale, low-carbon hydrogen project in the UK
    • 7+ new contracts in the Middle East across the Project Management Consultancy, Detailed Engineering, and Asset Integrity service lines, including a multi-year framework agreement with a major Middle East national oil company
    • 7+ new contracts in North America and Latin America across the Asset Management and Asset Integrity service lines, including a high-value pipeline modeling study in Peru

    About Penspen

    Penspen is a team of insightful people who design, maintain, and optimise energy infrastructure to improve access to sustainable energy for communities worldwide. We help meet the world’s evolving energy needs by providing consulting, project, and engineering solutions across the entire energy asset lifecycle. For almost 70 years, Penspen has served clients with over 10,000 projects in the Middle East, Africa, Asia, Europe, the UK, and the US.

    Penspen is a proud member of the Dar Group, a leading, privately-owned professional services group with award-winning impact and global reach. As an engineering, architectural, and planning consultancy that values specialty expertise, the Dar Group is united by a commitment to providing clients with multi-disciplinary solutions rooted in quality, innovation, collaboration, sustainability, and technology to deliver social and community impact.

    To learn more, visit penspen.com

    Contacts

    • Roxie Nilsson, Global Marketing and Communications Manager, Penspen

    r.nilsson@penspen.com

    +44(0)7966 313216

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com

  3. Penspen Celebrates a Successful Start to 2022, Reporting Over $25m Worth of New Contracts During First Quarter

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    Helping Enable Operators and Utilities to Improve Access to Sustainable Energy for Communities Worldwide

     

    Penspen are proud to report a successful start in 2022 as we continue build on a strong performance from last year with reports of over $25m worth of new contracts secured during the first quarter of 2022.

    Strong demand in the market for Penspen’s energy engineering services and for its extensive experience are driving this strong sales performance.  Increased investment in energy infrastructure as a result of higher energy prices, as well as growing investment in planning for the energy transition to achieve Net Zero by 2050, means that many operators and utilities are turning to Penspen to help them improve access to safe and sustainable energy for the communities that they serve.

    “We have decades of experience which is highly relevant to the challenges that our clients are currently facing as they switch to delivering lower carbon energy for their customers, whether its building new infrastructure to deliver natural gas for power generation or repurposing existing pipeline networks for use with hydrogen” said Peter O’Sullivan, Penspen CEO. “These sales results are a reflection of the trusted relationships we have built with many long-term clients over the years as we help them address these challenges.”

    “It has been a challenging marketplace for everyone, but the team has done an outstanding job in continuing to grow the company, thus enabling us to continue delivering value to our clients,” added Neale Carter, Executive Vice President for the Middle East, Africa and Asia Pacific Regions. “The Middle East is a key market for us and the majority of the new contracts in the region are medium and long-term, demonstrating the faith our clients and partners have in us. I have no doubt, regardless of where our teams operate, they will deliver the high-quality services that Penspen have historically produced.”

    Penspen’s market-leading energy consultancy services will be deployed to provide operational and technical performance gains for clients, partners, and people across the globe, including a major Middle East NOC, regional companies in the UK, Europe, US and Latin America, to several multi-national organisations:

    • 15+ new contracts in the UK and Europe across the Asset Integrity, Asset Management, and Engineering & Project Management service lines
    • 8+ new contracts in the Middle East across the Project Management Consultancy, Engineering, and Asset Integrity service lines
    • 2 new Asset Integrity contracts in Latin America, one of which spans over 3 years

    Contacts

    • Roxie Nilsson, Global Marketing and Communications Manager, Penspen

    r.nilsson@penspen.com

    +44(0)7966 313216

    • Andy Groundwater, Fifth Ring

    andy.groundwater@fifthring.com