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Hayward Tyler Group wins contracts worth over £4.5m

Thu, 24th Nov 2016 09:57

(ShareCast News) - AIM-listed engineer Hayward Tyler Group has won four contracts worth in excess of £4.5m.Hayward Tyler, one of its operating companies, won two orders from Eureka Pumps for operators in the North Sea.The first is for a motor unit for a firewater pump application at the Gudrun field, which is operated by Statoil, and the second is for a motor unit for a seawater lift pump application for the Edvard Greig field operated by Lundin Petroleum.This complements its recently won contracts for subsea installations off the coast of Brazil and the west coast of Africa.Hayward Tyler also secured a contract with Korea Hydro Nuclear Power to replace certain existing 14 year old pumps at its Hanbit power plant, as well as providing a supply of backup parts.Peter Brotherhood, the company's other operation, won its first contract for a tri-generation combined heat and power system.Chief executive Ewan Lloyd-Baker said the contract wins are testament to the confidence that clients have in its products and that the company has now shipped the S-Oil project.Shares in Hayward Tyler Group up 2.55% to 80.50p at 1026 GMT.
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6 Mar 2014 13:17

Hayward Tyler Announces Key Contract Wins, Agreement In February

LONDON (Alliance News) - Specialist engineering company Hayward Tyler Group PLC Thursday said that it completed a series of key contracts wins and agreements across its main markets in February. The group said in the conventional power market it has secured a BCP contract win in Europe for

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28 Jan 2014 10:44

Hayward Tyler Secures New Banking Facility Offer, To Pay Interim Dividend

LONDON (Alliance News) - AIM-listed engineering company Hayward Tyler Group PLC Tuesday said it had got an offer for new banking facilities on improved terms from Royal Bank of Scotland Group PLC, a move that will remove the need for support from McNally Bharat Engineering, as it also unveiled it

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12 Nov 2013 12:12

Hayward Tyler To Pay First Dividend As Debt Falls, Swings To Profit

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31 Oct 2013 13:58

Hayward Tyler Says Its Won New Contracts During October

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5 Sep 2013 13:58

Hayward Tyler in joint initiative with Eureka after contract win

Hayward Tyler has struck an agreement with Norway's Eureka Pumps that will see them jointly market underwater pump and motor units that are under 2MW for the offshore oil and gas exploration market. The pair will also work together to provide after-market services for under water units. The joint

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5 Sep 2013 09:33

Hayward Tyler Enters Oil & Gas Equipment Deal With Eureka Pumps

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1 May 2013 13:47

Hayward Tyler buoyed by 'fifth quarter' contract wins

Specialist pumps and motors maker Hayward Tyler has enjoyed a strong level of new orders in the "fifth quarter" of its extended financial year. The AIM-listed engineer is moving its year end from December 31st to March 31st in order to align year ends with its largest shareholder, MBE Mineral Tech

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8 Apr 2013 15:02

Sector movers: Weir lifts industrial engineers higher after BofA note

The London-listed industrial engineering sector was the best performing sector of the day on Monday with Weir Group performing well after some upbeat comments from Bank of America (BofA). Weir, a global engineering firm with nearly 200 manufacturing and service facilities around the world, was up 4

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