STATS Group Marks 20 Years with Largest Contract

Business & Finance

STATS Group is celebrating two decades in business with the award of its largest contract to date.

The pipeline technology specialist, formed in Aberdeen in 1998, has secured a contract worth close to $20 million (£14.2 million) with a Middle East national operating company.

The workscope includes providing isolation services in support of restoration work at a refinery in which multiple pipelines ranging in size from 3”-54” in diameter will be isolated using a range of specialist tools, including BISEPs, Tecno Plugs, clamps and hot tap machines.

The project requires STATS to manage site services and major subcontractors, including welding services, and will be managed by STATS’ Abu Dhabi team with support from specialist resources and technicians from across the group.

STATS Group chief executive officer, Leigh Howarth, said: “Our objective is to minimise plant downtime and complete the work as safely and efficiently as possible. As we celebrate our 20th anniversary, we are delighted to secure our largest contract to date. This award further strengthens our reputation as a leading provider of pipeline isolation services and underlines our capability for undertaking large international projects.”

STATS is a provider of pipeline testing, repair and integrity services, including the design, supply and provision of specialised test, intervention and isolation tools, to the international oil and gas industry

Based in Kintore, Aberdeenshire, STATS also celebrated its 20th anniversary by being awarded the Global Exports Award in the annual Subsea UK Awards. The award recognised the company’s successful exploitation of and export to global subsea markets.