Penspen, a leading energy services company, announced a positive start to the fiscal year 2024 with a surge in new contract awards totaling $106 million in the first half of the year, indicating a notable 30% growth compared to the equivalent period in 2023. The company's success was driven by securing 19 new contracts valued at $80 million in the Middle East and Africa region, encompassing a range of services from studies to project management supervision. In the UK and Europe, Penspen obtained 58 contracts worth $12 million, emphasizing engineering designs for hydrogen infrastructure and fuel management. The North America and Latin America regions also contributed with 31 new contracts valued at $13 million focusing on integrity management systems and corrosion monitoring. Penspen's CEO, Peter O'Sullivan, expressed satisfaction with the company's performance and highlighted the growth in asset integrity services and digital solutions. The company's emphasis on energy transition and security was evident in its regional strategies, with a particular focus on decarbonisation projects and energy security objectives. Neale Carter, Executive VP for the East Region, emphasized Penspen's commitment to enhancing energy assets and ensuring efficiency for clients while supporting energy security at national and international levels.