The company has entered into two new renewable energy-focused framework agreements in Saudi Arabia, covering the provision of study, FEED, detailed design and project management supervision services for hydrogen production, wind and geothermal energy supply.
In Europe and the UK, the company has agreed new contracts in hydrogen repurposing, hydrogen blending, and carbon capture as part of a wider set of 57 new contracts across the energy sector in general.
Penspen added several energy transition scopes to its European engineering and project management backlog in the second half of 2024, with awards from Latvian gas operator Conexus and Southern…

