Textual note taken from the Penspen on February 04, 2026
FEBRUARY 3, 2026, Penspen has announced a record year, securing $500 million in new contract awards in 2025, up 120% on 2024. The performance was driven by strong growth across the Middle East, Africa, Europe and the Americas, supported by major energy infrastructure and energy transition programmes.
The milestone reflects a year of strong global performance across engineering, project management consultancy (PMC) and asset integrity services, supporting national oil companies, utilities and infrastructure developers on complex energy projects worldwide.
Penspen’s record year was underpinned by growth and delivery across its key operating regions:
- Middle East and Africa: 65 new contracts worth $456million, spanning project management supervision and consultancy services, FEED, detailed design and integrity assessment
- Kingdom of Saudi Arabia: 12 new agreements, covering studies, FEED, detailed design and project management supervision services
- UK and Europe: 177 new contracts worth $16million, including fuelling terminal operations, pipeline maintenance and inspection, hydrogen repurposing and blending, carbon capture studies, gas compression upgrades and pipeline diversions
- Americas: 54 new contracts worth $5million, including pipeline fitness-for-service, electrical interference and cathodic protection studies, gas pipeline project management, production operations support and environmental testing
Energy transition momentum accelerates in Europe
In the UK and Europe, Penspen continued to grow its energy transition order book through hydrogen, CO₂ and green ammonia projects, supporting the development of lower-carbon infrastructure at scale. This included two major contract wins: United Infrastructure’s Liverpool Bay project, where Penspen is delivering detailed engineering design for the development of onshore CO₂ pipelines and above-ground installations to the Liverpool Bay CCS Storage Facility, and the Trans Adriatic Pipeline, where Penspen is supporting one of Europe’s most strategic energy infrastructure assets through hydrogen repurposing assessment and gap analysis services.
Penspen also secured a new three-year contract to continue the provision of operations and maintenance services for Uniper’s Isle of Grain and Enfield power stations, reinforcing its long-term role supporting critical energy assets.
Expansion in Latin America
In Latin America, Penspen expanded its service offering with the award of a major project management services contract by Grupo Carso, supporting the construction of a new pipeline in Mexico and helping secure access to energy for communities in the north of the country.
Additional asset integrity contracts were also awarded across Colombia, Peru and Chile, with clients including Sempra Infrastructure, ENAP and Perenco, strengthening Penspen’s delivery footprint across the region.
Middle East remains a strategic growth engine
The Middle East continued to be a cornerstone market for Penspen in 2025, with the UAE remaining its largest and most strategic country of operation, supported by deep engagements across the ADNOC Group.
During the year, Penspen secured and executed multiple high-value PMC assignments supporting critical gas infrastructure, including LNG pre-conditioning, compression facilities, utilities and production enhancement programmes, alongside multiple offshore and onshore PMC packages.
The breadth and scale of delivery across ADNOC Gas, Offshore, Onshore, Distribution and downstream entities firmly establish Penspen as one of the ADNOC Group’s top-20 energy sector contractors operating in the UAE.
In Saudi Arabia, Penspen continued to build momentum through its selection under a framework with ENOWA, executed through a joint venture with Dar Al Handasah and in collaboration with Technip, positioning Penspen at the heart of NEOM’s next-generation energy and water infrastructure.
Chief Executive Officer, Peter O’Sullivan, said: “2025 was a year marked by scale, complexity and geographic reach for Penspen, reinforcing our position as a trusted engineering, project management and asset integrity partner to national oil companies, utilities and infrastructure developers. With cumulative contract awards of $500 million, 2025 stands out as one of the strongest commercial and delivery years in Penspen’s history.
“While we continued to build momentum across Europe and the Americas – particularly in energy transition – our performance was anchored by exceptional delivery in core markets where demand for large-scale, complex energy infrastructure remains strong. This record year has been driven by our people’s unwavering commitment to quality delivery; in 2025, our headcount increased to over 1,700 talented people, with new offices opened in Aberdeen and Bogota.”
Neale Carter, Executive Vice President, Middle East, Africa and Asia Pacific Regions, added: “The Middle East was the single largest contributor to Penspen’s growth in 2025, accounting for the majority of our contract awards and reinforcing the region’s role as a strategic engine for the business.
“Our long-standing relationships across the UAE and Saudi Arabia, combined with our ability to deliver complex PMC, gas and LNG infrastructure programmes at scale, continue to differentiate Penspen in a highly competitive market. With sustained investment across gas, energy security and transition-linked infrastructure, we see significant opportunity to build on this momentum in the years ahead.”
ENDS
Notes to editors
Selected 2025 project highlights
Europe
- United Infrastructure – Liverpool Bay: detailed engineering design for the development of onshore CO₂ pipelines and above-ground installations to the Liverpool Bay CCS Storage Facility
- Trans Adriatic Pipeline: hydrogen repurposing assessment and hydrogen gap analysis services on one of Europe’s most strategic energy infrastructure projects
- Partnered with National Gas Transmission on a gas inhibition study for hydrogen pipelines
- Delivered hydrogen fracture toughness assessment for Gas Networks Ireland’s transmission pipeline system
- Delivered a pre-FEED study for CO2 Pipeline Schweiz AG, contributing to the development of the Swiss CO₂ transport network (awarded at the end of 2025)
- Signed a Memorandum of Agreement with Halo Capital for engineering and project management services supporting helium and hydrogen projects in Australia
Latin America
- Award of major project management services contract by Grupo Carso for the construction of a new pipeline in Mexico
- Additional asset integrity contracts awarded across Colombia, Peru and Chile, with clients including Sempra Infrastructure, ENAP and Perenco
Middle East and Africa
- Multiple high-value PMC assignments supporting critical gas infrastructure across the ADNOC Group in the UAE
- Selected under a framework with ENOWA, supporting NEOM’s next-generation energy and water infrastructure
- Continued long-standing PMS support to Kuwait’s Ministry of Electricity & Water
- Strengthened cross-country pipeline portfolio in Africa, including feasibility study revalidation for the Trans-Sahara gas pipeline
Aviation fuel infrastructure
- Delivery of fuel systems projects across airports in Kuwait, Rwanda, Angola, Qatar, and Dubai’s Al Maktoum International Airport, with additional projects underway in Ethiopia and Poland, and a joint project with Dar Al-Handasah Consultants (Shair and Partners) for the redevelopment of Damascus International Airport
For media inquiries, please contact:
Colene Woolcott
c.woolcott@penspen.com
About Penspen
Penspen designs, maintains, and optimises global energy infrastructure to improve access to secure and sustainable energy for millions of people across the Middle East, Africa, Europe, UK, and Latin America. Penspen has been providing engineering, project management, asset management, and integrity services to the energy industry worldwide for more than 70 years and has now grown to employ more than 1,400 specialists, with offices in the United Kingdom, the United Arab Emirates, the Kingdom of Saudi Arabia, Latin America, and Latin America.
Penspen is a proud member of Sidara, a global collaborative of leading specialist firms that design for people and the planet. Sidara’s 21,000 visionaries, thinkers, and innovators from over 300 offices across 60 countries offer clients a broad range of highly specialised services – from architecture and design, engineering, and project management to digital strategy, sustainability consulting, and energy innovation – all under one umbrella.
Source and photo: Penspen