UK player Penspen lands $70 million worth of engineering contracts in Middle East and Africa

Penspen has secured new contracts worth more than $70 million in the Middle East and Africa, mostly from the Abu Dhabi National Oil Company (Adnoc).

The UK-based company said this week that its project management consultancy (PMC) service line has secured more than $50 million worth of engineering project consultancy business with five long-term contracts from Adnoc and its subsidiaries...