Global energy engineering firm Penspen has secured $120 million in new contract awards in the second half of 2024, marking a 14% year-on-year increase. The latest deals push Penspen’s total 2024 sales to over $225 million, reinforcing its growing role in global energy infrastructure.
Middle East & Africa Drive Expansion
The Middle East and Africa emerged as the primary growth regions, accounting for $98 million across 26 projects. The contracts include feasibility studies, front-end engineering design (FEED), integrity assessments, project management supervision, and consultancy services.
In Saudi Arabia,…
