News from STATS Group
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Silver lining as STATS Group mark 25th anniversary with 20% revenue growth forecast21 February 2023 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. Established in February 1998 close to Aberdeen Airport, STATS is.... |
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STATS Group take on world’s largest diameter subsea pipeline intervention scope02 December 2022 Pipeline technology specialist STATS Group has been commissioned by UAE-headquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company, on behalf of a National Operating Company, to provide pipeline.... |
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Pipeline technology specialist STATS Group focuses on Middle East growth opportunities08 June 2022 Pipeline technology specialist, 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.... |
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STATS Group post 17% revenue increase to £49.7 million23 May 2022 Pipeline technology specialist STATS (UK) Ltd increased revenues to just under £50 million while EBITDA* earnings rose to £7.8 million from £6.5 million, its latest annual accounts show. Revenues increased by £7.2 million to £49.7 million (up 17%.... |
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STATS Group primed to support industry with Net-Zero goals05 April 2022 STATS Group are in a strong position to capitalise on new opportunities in the transition to more sustainable energy supplies and a carbon net-zero future. With decades of experience working on oil and gas pipeline projects, the.... |
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Pipeline technology specialist STATS UK acquired by SRJ Technologies in £73 million deal14 December 2021 STATS (UK) Limited (STATS) today announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ). The acquisition combines Aberdeenshire-based STATS with.... |
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STATS Group invest £1 million to tap into Australian pipeline market01 November 2021 STATS Group has established a new Australian entity and will invest up to $AUD 2 million (£1 million) in workshop facilities and intervention equipment to support its drive in the country’s pipeline integrity market. The pipeline technology specialist.... |
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STATS Group complete six concurrent North Sea pipeline shutdown campaigns15 September 2021 Pipeline technology specialist, STATS Group, has successfully completed the largest number of simultaneous pipeline isolation projects in its 23 year history. During the 2021 summer shutdown season, STATS supported six separate Tecno Plug isolation deployments in the UK.... |
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Investment spurs Americas growth and larger footprint for STATS Group08 April 2021 Pipeline technology specialist, 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. The pipeline isolation experts are relocating to.... |
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STATS Group celebrates Scottish Apprenticeship Week02 March 2021 Scottish Apprenticeship Week 2021 (1-5 March) celebrates the value apprenticeships can bring to individuals, employer and the economy. This year’s theme is Business Backing Talent and pipeline technology company, STATS Group, understands the benefits of backing young talent.... |
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Byers appointed Chief Operating Officer at STATS Group08 February 2021 Specialist pipeline technology company, STATS Group, has promoted two long-serving employees to senior executive positions. Steven Byers, who joined the Aberdeenshire business in 2010, has been appointed Chief Operating Officer, reporting to Chief Executive Officer Leigh Howarth, while.... |
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STATS Group named Company of the Year in EIC Awards07 December 2020 STATS Group have been named Company of the Year in the Energy Industries Council Awards 2020 and also placed in top spot in two categories. The Aberdeenshire-based pipeline technology specialist picked up the top accolade in the Export.... |
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International growth sees pipeline specialist STATS Group post £5.6 million profit09 September 2020 Pipeline technology specialist STATS (UK) Ltd generated revenues of £39.1 million and EBITDA earnings of £5.6 million according to its annual accounts as at 31 December 2019. Despite the impact of the Covid-19 pandemic and the fall in.... |
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Pipeline Specialist STATS Group Expands Operations in Oman31 March 2020 STATS Group has strengthened its presence in Oman with the opening of a new workshop, storage and testing facility in Muscat The expansion comes after the pipeline technology specialist secured a two year extension to a Master Services.... |
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STATS Group Bolster Management Team With Chief Operating Officer17 February 2020 STATS Group has strengthened its management team with the appointment of Garry North as Chief Operating Officer. With more than 40 years’ experience in the engineering and oil and gas industries, Mr North has held senior operational management.... |
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STATS Group Complete 12 Pipeline Isolations For Malaysian Operator20 January 2020 Pipeline technology specialist STATS Group (STATS) have completed an extensive pipeline isolation campaign offshore and onshore Malaysia. The six month campaign covered 12 pipeline isolations on behalf of partner Handal Energy Berhad for a major operator in Malaysia,.... |
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STATS Group Recognised For Pipeline Expertise02 July 2018 Ground breaking technology pioneered by pipeline technology company STATS Group has been recognised by industry peers. The Aberdeenshire-based firm has been awarded the Subsea Pipeline Projects Award by the world-wide Pipeline Industries Guild. STATS have invested significant capital in.... |
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Pipeline Technology Specialist STATS Group Post 65% Profit Increase24 April 2018 Pipeline technology company STATS (UK) Ltd increased profits by 65% to £4.3 million while maintaining revenues of £30 million, according to its latest annual accounts lodged at Companies House. The accounts to 31 December 2017, show that despite.... |
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STATS Group Add Australia and PNG To OSD Agency Agreement05 April 2018 Pipeline technology specialist, STATS Group (STATS), is targeting new opportunities in the Australian and Papua New Guinea oil, gas and industrial sectors by extending its relationship with OSD Pty Limited. This follows on from a similar agency agreement.... |
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Subsea hot tapping and plugging allows pipeline abandonment in Gulf of Mexico05 April 2018 STATS Group was contracted to assist with the isolation and abandonment of a 10” oil pipeline in the Gulf of Mexico, at a water depth of approximately 25 meters. The project requirement was to supply personnel and.... |
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Birthday and $20 Million Contract Double Celebration For STATS Group16 February 2018 STATS Group is celebrating two decades in business with the award of its largest contract to date. The pipeline technology specialist, formed in Aberdeen on this day (16 February) in 1998, has secured a contract worth close to.... |
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New Zealand Expansion Adds Up For Pipeline Specialist STATS Group28 November 2017 Pipeline technology specialist, STATS Group (STATS), has formalised an agency agreement with OSD Pty Limited, New Zealand’s largest independent pipeline service company. OSD is a leading engineering, operations and commercial services provider to the oil and gas, pipelines and facilities, process, refining, water.... |
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STATS Group Taps New Markets With £3 Million Investment In Equipment and Facilities24 May 2017 STATS Group has invested more than £3 million in developing a range of hot tapping machines, expanding their fleet of pipeline intervention service equipment, and opening a new 15,000 sq ft workshop and office facility. The SureTap range.... |
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STATS Group Weighs In On Second Anchor Damaged Pipeline Repair10 May 2017 STATS Group has completed its second subsea pipeline repair and isolation project which was the result of vessel anchor damage. The pipeline technology specialist was commissioned by CUEL Ltd to repair an 8” gas condensate export pipeline in.... |
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Tecno Plug adapted for offshore Middle East pipe isolation16 February 2017 STATS Group has completed a program at an unnamed offshore field in the Middle East that involved isolating a 42-inch subsea pipeline. The dead leg pipeline was housed within an oil storage tank, and the national operating company.... |
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STATS Group Complete Challenging Isolation of 42” Subsea Pipeline14 February 2017 Engineers at STATS Group had a hat-trick of challenging issues to overcome when commissioned to isolate a 42” subsea pipeline in the Middle East. The dead leg pipeline was housed within an oil storage tank and the Middle.... |
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STATS Group’s Pipe End Plugs Facilitate Pipe Spooling for Aasta Hansteen Field02 November 2016 Subsea 7 contracted STATS Group to provide positive isolation of pressurised mechanically lined BuBi® pipe to facilitate reeling onto a pipe lay vessel at their facility in Norway, prior to installation at the Aasta Hansteen gas field..... |
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STATS Group Tee Up Far East Projects After First Chinese Success28 September 2016 Pipeline technology specialist STATS Group has completed its first subsea isolation project in China on a 780km pipeline which is crucial for supplying gas to Hong Kong. STATS Group was contracted by COOEC Subsea Technology to provide a.... |
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STATS Expands in Canada and Middle East01 October 2014 Oil and gas pipeline engineering specialist STATS Group has invested more than £1 million in a double pronged expansion in North America and the Middle East. In Canada, the isolation and integrity testing business has upscaled to an.... |
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