News

STATS Group announced that it has executed a Share Purchase Agreement to sell 100% of the issued share capital of the Company to Mitsui.

STATS has signed an exclusive supply agreement for its products and services with Malaysia’s E&P O&M Services Sdn Bhd (EPOMS).

STATS Group has triumphed in the 2023 Scottish Engineering Awards collecting the Manufacturing Excellence Award.

STATS Group is targeting growth in the Scandinavian energy sector with a new distributor arrangement with a leading equipment and services supplier.

STATS BISEP has been deployed in Northern Ireland while vital work is underway converting a coal-fired power station to gas.

Silver lining as STATS Group mark 25th anniversary with 20% revenue growth forecast.

STATS Group has provided pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project.

Just one year on from establishing a new entity in Australia, STATS is looking forward to a bright future after securing frame agreements with some of the region’s largest Tier 1 operators.

STATS Group has been recognised for its commitment to a sustainable future in the Energy Industry Council (EIC) Awards.

STATS Group has strengthened its management board with the appointment of Ross Wallace as director.

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 is adding 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.

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.

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.

STATS Group has won a prestigious industry award which marks its success in global markets.

STATS Group’s international success in global markets has been recognised by being shortlisted in two prestigious awards.

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.

STATS has reaffirmed its commitment to protecting the environment and supporting its clients in achieving energy transition and net-zero targets.

STATS has successfully completed the largest number of simultaneous pipeline isolation projects in its 23 year history.

STATS staff have walked 5,000 miles - and may walk 5,000 more - as part of company-wide initiative to encourage colleagues to be more active and to raise money for local charities.