STATS Group expands further in the Middle East

STATS Group ME expansion 3Pipeline technology specialist STATS Group has added more staff to its Middle East operations as the result of a post-Covid uptick in project activity

The Middle East was one of the strongest performing regions for the company in 2021, with revenues increasing from £7.9mn in 2020 to £11.6mn.

In the Saudi Arabian market, the company strengthened its position with the award of a major subsea intervention project and STATS plan to increase their local presence in the Kingdom to support further growth.

In addition to securing a swathe of new contracts in UAE, Qatar, Kuwait and KSA, STATS has extended its Master Service Agreement with Petroleum Development Oman for the provision of pipeline isolation and hydrostatic testing services for a further five years.

STATS is also conducting what is believed to be the world’s largest diameter subsea pipeline intervention campaign on behalf of a Middle East client, which involves the hot tapping and isolation of 10 pipelines with diameters ranging from 42” to 56”.

The company has relocated Dale Millward, one of its most experienced pipeline intervention experts to Doha as Vice President Technical Assurance, in response to the increased demand for STATS products and services, as Qatar makes significant investment in its LNG production facilities. The business has also appointed two business development engineers in Oman and Saudi Arabia. Employing more than 80 staff in the Middle East at bases in Abu Dhabi, Oman and Qatar, the company is looking to recruit additional technicians and engineers to support its activities across the Gulf region.

Mark Gault, STATS Group’s general manager Middle East, said, “We are benefiting from our well-established localisation policy which has involved significant investment in establishing regional facilities in the Middle East and the employment of locally based staff, leading to strong relationships with key players.

“The wider approval of our technologies by the region’s key operators and acknowledgement that our tools, equipment and services have been proven over an extended period and on a range of diverse projects, is another driver which is bringing in new business.”

 

 

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