STATS Group has signed an exclusive partnership with Safari Oil & Gas (SOG) in the Kingdom of Saudi Arabia (KSA).
Safari Oil & Gas has strong links to the Kingdom’s main hydrocarbon producers and the partnership will promote STATS’ patented range of pipeline isolation and intervention technologies.
The agreement follows on from a successful isolation workscope conducted on behalf of Saudi Aramco and which utilised STATS’ hot tap installed double block and bleed BISEP tools.
To support the partnership and drive expansion of STATS’ footprint in KSA, Business Development Manager Hafiz Abdul Kareem has relocated to the Kingdom from UAE to serve the market exclusively. STATS will supply equipment, services and personnel from its base in Abu Dhabi with a longer term strategy of opening a permanent base in KSA.
Angus Bowie, STATS Group’s Regional Director for the Middle East and Asia Pacific, said: “Forming this strategic partnership with SOG underlines our commitment to growing our business in KSA. Safari is very well respected, has many years of experience, an excellent track record in pipeline maintenance and repair, and represents an ideal synergy with STATS and the technologies and services we offer the market.”
The partnership combines a wealth of experience in pipeline intervention, engineered corrosion solutions and other pipeline related expertise. Both companies place a strong emphasis on exceeding client requirements for delivering workscopes in a safe and reliable manner, and are highly responsive to changing market demands.
Angus Bowie added: “STATS Group has successfully delivered pilot isolation workscopes for both hot tap installed and launcher installed product ranges on behalf of Saudi Aramco and are working closely with major EPC contractors to offer safe solutions on a number of projects. We believe KSA could be a key market in the region which will make a significant contribution to the growth of our global business.”
SOG is a diversified supplier of products and services to the oil and gas, water, and petrochemical industries in the KSA. Set up in 2007, SOG is a member of the Safari Group which employs more than 13,000 staff and is one of the KSA’s top 50 listed companies.
Mohammed Al-Ghosain, Safari Oil and Gas Chief Executive Officer, said: “Partnering with STATS is a major step towards growing the company strategically and to bring into the KSA an international entity with superior technology that adds value to the Kingdom, the industry, creates jobs and is in line with the Kingdom’s Saudi Vision 2030.
“Throughout my extensive experience stretching well over three decades in the oil and gas industry, I have never seen such an advanced, safe and cost-effective way to perform pipeline intervention and isolation. This partnership will be hugely beneficial to both companies through further collaboration between both companies.”
Angus Bowie will deliver a joint presentation with ADNOC Onshore at ADIPEC in Abu Dhabi on Tuesday (12 Nov) at the Pipeline Protection Technology session and STATS Group will be present at Booth 13330 in EIC Pavilion, Hall 13.