Pipeline engineering specialist, STATS Group (STATS), will celebrate 25 years in business with an expected 20% rise in revenue and an increase in its headcount to 400 staff.
STATS Group has been commissioned to provide pipeline isolation, hot tapping and plugging services to the worldโs largest diameter subsea pipeline intervention project in the Middle East.
By Gareth Campbell, regional manager โ Asia Pacific, STATS Group
Just one year on from establishing a new entity in Australia, pipeline technology specialist STATS Group (STATS) is looking forward to a bright future after securing frame agreements with some of the regionโs largest Tier 1 operators.
Kintore-based pipeline technology specialist STATS Group has appointed Ross Wallace to the position of finance director, after 11 years with the company.
STATS North America is projecting 30% year-on-year growth in Canada, with more than 45% year-on-year growth in the US, underpinning an estimated 15% global growth for STATS Group.
STATS Group has added more staff to its Middle East operations as the result of a post-Covid uptick in project activities, while one of its most experienced pipeline intervention experts has relocated to the region.
Pipeline technology specialist, STATS Group, is in a strong position to capitalise on new opportunities arising in the transition to more sustainable energy supplies and a carbon net zero future.
STATS Group has established a new Australian entity and will invest up to $AUD 2 million (ยฃ1 million) in workshop facilities and intervention equipment to support its drive in the countryโs pipeline integrity market.
Pipeline technology specialist STATS Group has successfully completed the largest number of simultaneous pipeline isolation projects in its 23 year history.
Pipeline technology firm STATS Group has continued to grow its market share in North America throughout the Covid-19 pandemic and is now preparing to move into a larger facility in Houston.
STATS Groupโs expertise in isolation projects, extending asset life and the decommissioning of pipeline infrastructure, was on show this week at a Virtual Tech Showcase hosted by Energy Voice.
The Energy Industries Council (EIC) has announced the winners of the 2020 EIC Awards, with 13 companies sharing the top prizes in 12 categories, and one lucky Rising Star winning a scholarship worth ยฃ18,500 at the Robert Gordon University (RGU).
Energy services company Stats Group said yesterday it had strengthened its presence in Oman, with the opening of a new workshop, storage and testing facility in Muscat.