Engineering firm Atkins saw profits at its energy arm grow by more than 14% for the first half of the year after clinching a major deal with Maersk.
The group saw revenues rise by 15% to £83.4million, with profit at £6.4million compared to the same period last year.
“The Middle East market also continues to provide a strong pipeline of work for our oil and gas business, including the recent design contract award to support Cosmo Engineering on a project for Abu Dhabi Oil Company,” Atkins said.
“Our oil and gas business is reaping the rewards of our focus on securing long term framework agreements for both consultancy and design services thereby further cementing the strong relationships we enjoy with our clients.”
The company said its framework agreement with Shell and support deals with Dong Energy and BP had also boosted its operations this year.
Overall pre-tax profits at the group were up 14.5% to £54.8million for the period.
“The group has made further progress on delivering our strategy, achieving good results with revenue up over 12% and underlying operating profit up over 10% on the same period last year,” said chief executive Uwe Krueger.
“In October, we were delighted to welcome 200 people from our Confluence acquisition which, augments our project management capabilities in Asia Pacific, the Middle East and India.
“Our work in hand position on entering the second half gives us confidence for the full year.”
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