Latest Articles
STATS Group posts record trading results with further growth forecast
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.
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Angus Bowie steps up to global technology role at STATS Group
STATS Group has appointed Angus Bowie to the new position of Chief Technology Officer
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STATS Group Make Senior Appointments Ahead of International Expansion
STATS has appointed Andy Norrie as Head of Sales and Business Development for Europe as the pipeline technology specialist expands its sales team capacity in preparation for growth throughout the continent.
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STATS Group gear up for US growth with appointment of new Stateside chief
STATS Group has appointed Jamie Frederick as President of its US operations as it gears up for further growth Stateside.
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Energy security concerns drive up interest in subsea pipeline clamps and connectors
Increased concerns about energy security and the desire to support net-zero targets through innovative decommissioning projects are driving up demand for STATS SureConnect™ subsea clamps and connectors.
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Landmark project wins boost STATS credentials in APAC markets
A number of completed landmark projects, greater market recognition and a long-standing policy of localisation, has strengthened STATS Group’s presence in Australia and the wider Asia Pacific hydrocarbon sector.
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Mitsui Completes Acquisition of 100% shares of STATS (UK) Ltd.
STATS Group announced that it has executed a Share Purchase Agreement to sell 100% of the issued share capital of the Company to Mitsui.
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STATS Sign Exclusive Deal with Malaysia’s Ambitious EPOMS Group
STATS has signed an exclusive supply agreement for its products and services with Malaysia’s E&P O&M Services Sdn Bhd (EPOMS).
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STATS Group triumph in the Scottish Engineering Awards
STATS Group has triumphed in the 2023 Scottish Engineering Awards collecting the Manufacturing Excellence Award.
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STATS Group target Scandinavian asset integrity sector with distributor deal
STATS Group is targeting growth in the Scandinavian energy sector with a new distributor arrangement with a leading equipment and services supplier.
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Silver lining as STATS Group mark 25th anniversary
Silver lining as STATS Group mark 25th anniversary with 20% revenue growth forecast.
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World’s largest diameter subsea pipeline intervention scope
STATS Group has provided pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project.
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STATS technology sees Australian market grow
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.
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Sustainable STATS Group pick up energy industry award
STATS Group has been recognised for its commitment to a sustainable future in the Energy Industry Council (EIC) Awards.
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STATS Group strengthen management board with Finance Director
STATS Group has strengthened its management board with the appointment of Ross Wallace as director.
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North American growth on horizon for STATS Group
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.
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STATS Group Adds to Middle East Operation
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.
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STATS Group Post Revenue Increase of £49.7 Million
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.
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STATS Group primed to support industry with Net-Zero goals
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.
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STATS Win Global Export Award
STATS Group has won a prestigious industry award which marks its success in global markets.
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