News

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 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 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.