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STATS Group expands further in the Middle East

by Trading How
June 11, 2022
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Pipeline expertise specialist STATS Group has added extra employees to its Center East operations as the results of a post-Covid uptick in mission exercise

STATS Group is strengthening its presence within the Center East. (Picture supply: STATS Group)

The Center East was one of many strongest performing areas for the corporate in 2021, with revenues rising from £7.9mn in 2020 to £11.6mn.

Within the Saudi Arabian market, the corporate strengthened its place with the award of a significant subsea intervention mission and STATS plan to extend their native presence within the Kingdom to help additional development.

Along with securing a swathe of latest contracts in UAE, Qatar, Kuwait and KSA, STATS has prolonged its Grasp Service Settlement with Petroleum Improvement Oman for the availability of pipeline isolation and hydrostatic testing providers for an additional 5 years.

STATS can also be conducting what’s believed to be the world’s largest diameter subsea pipeline intervention marketing campaign on behalf of a Center East consumer, which entails the new tapping and isolation of 10 pipelines with diameters starting from 42” to 56”.

The corporate has relocated Dale Millward, one in all its most skilled pipeline intervention specialists to Doha as Vice President Technical Assurance, in response to the elevated demand for STATS services and products, as Qatar makes vital funding in its LNG manufacturing amenities. The enterprise has additionally appointed two enterprise growth engineers in Oman and Saudi Arabia. Using greater than 80 employees within the Center East at bases in Abu Dhabi, Oman and Qatar, the corporate is seeking to recruit extra technicians and engineers to help its actions throughout the Gulf area.

Mark Gault, STATS Group’s common supervisor Center East, mentioned, “We’re benefiting from our well-established localisation coverage which has concerned vital funding in establishing regional amenities within the Center East and the employment of domestically primarily based employees, resulting in robust relationships with key gamers.

“The broader approval of our applied sciences by the area’s key operators and acknowledgement that our instruments, tools and providers have been confirmed over an prolonged interval and on a variety of numerous initiatives, is one other driver which is bringing in new enterprise.”

 

 

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