News

STATS has posted record trading results in 2023 with revenues increasing to £74.7 million, up by 26% while earnings rose 33% compared to 2022.

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.

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

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 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 delivered revenues of £42.5 million and recorded EBITDA* earnings of £6.5 million despite the challenges of Covid-19, its latest annual accounts show.