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STATS wins 10-year contract

BGF News 06.10.2012

Pipeline engineering company STATS Group has recently been awarded a multi-million pound 10 year contract to provide remote pipeline isolation equipment to the world’s largest LNG producing company, Qatargas. STATS will design, manufacture, test and supply a new range of high integrity Remote Tecno Plugs™ for 32”, 34” and 38” pipelines which will become part of Qatargas’ Emergency Pipeline Repair System (EPRS) for production facilities in the Arabian Gulf’s North Field, where gas and condensate is transferred by pipelines to Ras Laffan City for export. This is the first project STATS have been awarded by Qatargas and the company’s most significant win to date in the Middle East.

Helped by BGF’s £7.8 million investment in the company made in March 2012, STATS is recruiting an extra 20 staff to support the Qatari project and other major pipeline isolation contracts which are already secured in 2012 and beyond. STATS Group chief executive officer, Pete Duguid, said the Qatargas award would establish his company’s reputation as a global leader in EPRS development and implementation.

Mr Duguid said: “To be awarded a contract of this magnitude underlines the confidence Qatargas has in STATS and our unique technologies and our ability to respond to all its pipeline integrity and repair issues. This award puts us in a very strong position to take advantage of the emerging EPRS sector in the Middle East and gives us a platform to establish our credentials as a leader in this type of work on a global scale.”