Tecno Plug News Today

STATS (UK) Ltd has announced that it has executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to Japan stock market listed Mitsui & Co, Ltd.

Pipeline technology specialist STATS Group has been commissioned by UAE-headquartered oil and gas EPC contractor National Petroleum Construction Company (NPCC), a subsidiary of National Marine Dredging Company, on behalf of a National Operating Company, to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project.

Abu Dhabi NPCC project includes pipelines ranging from 42 – 56 in.

STATS Group has been commissioned by UAE-headquartered Oil & Gas EPC Contractor National Petroleum Construction Company (NPCC) to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project.

The acquisition of STATS will bolster SRJ’s suite of asset integrity management products and solutions and enable it to provide its customers...

The acquisition of STATS will bolster SRJ’s suite of asset integrity management products and solutions and enable it to provide its customers...

STATS (UK) Limited has announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ) for £73 million ($97 million).

STATS (UK) Limited has announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ) for £73 million ($97 million).

STATS (UK) Limited has announced that its shareholders have executed a Share Purchase Agreement to sell 100% of the issued share capital of the company to SRJ Technologies Group plc (SRJ) for £73 million ($97 million).

Stats Group has established a new Australian entity and will invest up to £1 million ($1.36 million) in workshop facilities and intervention equipment to support its drive in the country’s pipeline integrity market.