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STATS Group posts profit on back of international success Pipeline technology specialist STATS (UK) Ltd generated revenues of £39.1m and EBITDA earnings of £5.6m according to its annual accounts as at 31 December 2019.
Despite the impact of the COVID-19 pandemic and the fall in the price of oil, STATS said it was confident its 2020 performance and activity levels would be broadly consistent with those of 2019. While revenues dropped by 10%, down from £43.4m, the accounts noted that the largest ever contract completed by STATS, for a major Abu Dhabi client, had made a significant contribution to its 2018 results. Based in Kintore, near Aberdeen, UK, STATS’ principal activity is the provision of pressurised pipeline isolation, hot tapping and plugging services to the global oil, gas and petrochemical industries.
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For more information: www.statsgroup.com
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Intertek launches Protek
Intertek, the FTSE 100 total quality assurance provider, has launched COVID-19 surface hygiene testing for the UK offshore oil and gas market as part of its Protek offering – the world’s first health, safety and wellbeing assurance programme for people, workplaces opportunity to connect with and public spaces.
We want to use every our members, so please follow us on Twitter The swabbing and testing of (@TheEICEnergy) and connect with us on LinkedIn surfaces for the presence of – EIC (Energy Industries Council) COVID-19 is an essential part of any strategy to verify that exciting cleaning Below you’ll find a selection of some of the practices are information fit for purposewe’ve EIC activities and useful industry and have reduced the risk of shared through our social media channels.
employees contracting the virus. This is particularly important on offshore installations where there AssetMap is a high volume of personnel in an The EIC Search for operational enclosed space. Initialassets studies have @TheEICEnergy in key energy markets around the energy world in all EICAssetMap, shown the EIC’s thatO&M COVID-19 can survive sectors to find new O&M business database, maps major for energy assets significant periods of time on opportunities now across all sectors and now covers Africa! including certain surfaces and itAfrica is for these To book a demo please visit: bit.ly/30AXx5k reasons that an effective verification programme is needed. Intertek utilises Reverse Transcription quantitative The EIC Polymerase Chain Reaction (RT@TheEICEnergy same to method used There will be noqPCR), physicalthe element LIVE byEIC governments fore-vents the this year’s ADIPEC, but the is delightedworldwide to detection of the SARS-CoV-2 virus. bring you a series of webinars throughout the week. Secure your place today: bit.ly/35mL7j1
24-25 November 2020
EIC (Energy Industries Council) Visit Virtual EIC Connect Saudi Arabia on 24-25 November 2020. Open to EIC members and non-members. Book your place today: www.the-eic.com/ Events/EICConnect/VirtualSaudiArabia
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