STATS Group

What STATS Group does

STATS Group is a UK-headquartered engineering company that designs, manufactures, and deploys proprietary pressurised pipeline isolation, hot tapping, and line plugging technology for the global energy industry. Founded in 1998 and headquartered in Kintore, Aberdeenshire, the company has built a portfolio of DNV type-approved products including the patented BISEP (Branch Installed Self-Energised Plug), Tecno Plug, Remote Tecno Plug, SureTap, and SureConnect lines, which provide leak-tight double block and bleed (DBB) isolation for pipelines ranging from 3 to 54 inches at pressures up to 153 bar. Its technology spans onshore, topsides, and subsea applications, with specialized variants for high-pressure CO2 (up to 138 bar) and hydrogen pipeline isolation, positioning STATS at the intersection of traditional oil and gas maintenance and the energy transition.

The company operates a hybrid business model combining direct sales of proprietary equipment (including rental of isolation tools to operators who self-execute projects), professional services delivered by in-country teams, and engineered solutions for complex pipeline integrity challenges. Revenue is generated primarily through project-based work for enterprise customers including BP, ExxonMobil, Aramco, Enbridge, Santos, Cadent Gas, and Kinder Morgan, with distribution partnerships in Europe (Patriot International), Scandinavia (Asset Integrity AS), and Malaysia (EPOMS). International operations span the US (Houston and Rosenberg, Texas), Canada (Edmonton), the Middle East (Abu Dhabi, Qatar, Saudi Arabia), Asia Pacific (Malaysia, Australia), and Scandinavia, with 87-88% of revenue generated outside the UK. Following Mitsui & Co., Ltd.'s July 2023 acquisition of 100% of the company, STATS operates as a wholly-owned subsidiary integrated into Mitsui's Iron & Steel Business Unit, with FY2023 revenue of £74.7 million and continued expansion into energy transition applications.

Name

STATS Group

Legal name

STATS (UK) Ltd

Website

https://statsgroup.com

Company type

Private

Founded year

1998

Operating status

Operating

Headcount range

251–500 employees

Short description

STATS Group is a UK-based engineering company providing patented, DNV-approved pipeline isolation, hot tapping, and line plugging technology and services to global oil and gas operators, with growing presence in hydrogen and CO2 pipeline applications.

Ownership category

akta.pro rank

Headquarters

HQ city

Kintore

HQ country

United Kingdom

HQ region

Europe

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Pipeline Isolation Services: Provision of pressurised pipeline isolation, hot tapping and plugging services to global energy industry. Services delivered through in-country teams with equipment.
2. Equipment Rental: Rental of proprietary isolation tools including BISEP, Tecno Plug, and SureTap equipment to operators who prefer to undertake isolation projects themselves.
3. Product Sales: Direct sales of BISEPs and other pipeline isolation tools to clients. Significant growth in North America with clients acquiring technology to enable self-execution of isolation projects.
4. Engineering Solutions: Custom engineered solutions for complex pipeline integrity challenges requiring tailored technology development or adaptation.
5. Distribution through Channel Partners: Products distributed through strategic partners like Patriot International in Europe who hold stock locally, and EPOMS in Malaysia under exclusive supply agreement.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

STATS Group provides pressurised pipeline isolation, hot tapping and line plugging technology and services to the global energy industry. The company designs, manufactures and deploys DNV type approved isolation tools that deliver leak-tight double block and bleed isolation for safe maintenance, modification, intervention and repair of onshore, topsides and subsea pipeline infrastructure across oil and gas, LNG, water and emerging CO2/hydrogen networks.

Product overview

STATS Group is a leading provider of pressurised pipeline isolation, hot tapping and line plugging technology and services to the global energy industry. The company's portfolio is organised as a comprehensive suite of proprietary hardware products and associated service offerings. The core technology family includes the BISEP (Branch Installed Self-Energised Plug) and Tecno Plug lines, which provide DNV type-approved double block and bleed isolation for pipelines from 3" to 54" at pressures up to 153 bar. Supporting hardware includes SureTap hot tap machines and completion plugs, mechanical pipe connectors (DNV approved including for titanium), repair clamps, weld test tools, and specialized subsea variants of all major product lines. Services span pipeline isolation, hot tapping, line plugging, and localised weld testing for both onshore/topsy and subsea applications. The company also offers engineered solutions, Emergency Pipeline Repair Systems (EPRS), and decommissioning solutions. STATS serves the entire lifecycle of hydrocarbon assets from construction and maintenance through to decommissioning, and is expanding into hydrogen and CO2 pipeline applications.

Differentiator

Problem solved

Functional benefit

Brands

• BISEP: Branch Installed Self-Energised Plug - double block and bleed isolation technology for temporary line plugging
• Tecno Plug
• SureTap
• Remote Tecno Plug (RTP)
• SureConnect
• SureSafe Plug

Products and services

• BISEP (Bidirectional Sealant End Plug)

Quantifiable outcome

• Pipeline out-of-service time reduced from potentially 1 year to approximately 6 weeks with appropriate isolation tool investment
• +3 more outcomes

Named customers15 records

Segments5 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature10 records

Partnerships

Four partnerships are on record, tiered core.

• Patriot InternationalcoreChannel Partner/ Reseller/ Distributor · 1 April 2026Strategic distributorship agreement to supply mechanical pipe connectors and localised hydrostatic weld testing tools to six key European markets: Netherlands, Belgium, France, Germany, Luxembourg and Spain. Patriot holds stock at its bases in Netherlands and Belgium, reducing shipping time and costs while providing more responsive and environmentally friendly service. Agreement extends STATS' presence in mainland Europe.
• Asset Integrity AScoreChannel Partner/ Reseller/ Distributor · 1 March 2023Partnership with Stavanger-based Asset Integrity to supply range of Process Plant Solutions to clients in Norway and Sweden. Services include hydrostatic weld testing tools, weldless connectors, pipe cutting equipment, pin-hole leak clamps and ambient barrier tools. Asset Integrity is respected by Norwegian Operators and Tier One contractors engaged in maintenance shutdowns and turnarounds.
• EPOMS Sdn BhdcoreChannel Partner/ Reseller/ Distributor · 1 January 2023Exclusive supply agreement covering STATS' innovative range of pipeline hot tapping, plugging and inline isolation services including BISEP double block and bleed technology and Remote Tecno Plug system. EPOMS provides integrated frontline operations and maintenance services for oil and gas platforms, floating facilities, associated flowlines and pipelines in Malaysia. STATS completed workscope in 2022 including isolation and reinstatement leak-testing of 12" shutdown valve on EPOMS-operated Larut A platform.
• DNVcoreTechnology or IntegrationSTATS isolation tools are Type Approved and fully certified by DNV-GL (now DNV) to verify design criteria satisfy requirements for Pipeline Isolation Plugs providing dual seal and isolation in accordance with Offshore Standards DNVGL-ST-F101 and recommended Practices DNVGL-RP-F113. STATS also participates in joint industry project with DNV examining implications of hydrogen blended natural gas on pipelines.

Scale indicators23 records

Recent moves8 records

Expansion highlights6 records

Broad incumbents

• Saipem: Saipem is a global engineering and construction incumbent with pipeline services for oil & gas. While broader in scope, it competes for pipeline intervention scopes on major operator projects alongside STATS.
• Subsea 7: Subsea 7 is a major subsea contractor serving offshore oil & gas operators with pipeline installation and intervention services. Overlaps with STATS on subsea pipeline modification and tie-in projects across the same customer base.
• Petrofac: Petrofac provides integrated energy services to oil & gas operators including pipeline-related maintenance. While not a direct isolation specialist, it operates in adjacent service categories with similar enterprise customers.
• TechnipFMC: TechnipFMC is a large subsea and surface engineering incumbent serving the same oil & gas operators. While not a direct isolation specialist, it competes for project scopes and offers overlapping subsea intervention capabilities.

Direct peers

• IKM Group: IKM provides pipeline services including hot tapping, intervention, and integrity solutions to the oil & gas industry with strong North Sea presence. Directly competes with STATS on subsea and topside pipeline intervention projects.
• BrandSafway (Furmanite): BrandSafway's Furmanite division provides hot tapping, line stopping, and on-site machining services for pipelines globally, directly competing with STATS in industrial pipeline intervention services across similar customer verticals.
• T.D. Williamson (TDW): TDW is the most direct competitor to STATS, providing pipeline isolation, hot tapping, and line stopping services globally across oil & gas. Both companies compete for the same operators and offer similar DBB isolation technologies for live pipeline interventions.
• Pipeline Engineering & Supply Co. Ltd. Pipeline Engineering is a UK-based specialist providing hot tapping, line stopping, and pipeline isolation services. Directly competes with STATS in UK and European onshore pipeline intervention markets.
• Rosen Group: Rosen is a global leader in pipeline integrity inspection and services with comparable offerings in pipeline intervention and repair. Both companies serve the same operator customer base with overlapping integrity management and intervention capabilities.
• Hydratight (Apex Tool Group): Hydratight provides pipeline intervention services including hot tapping and leak sealing across oil & gas, petrochemical, and power generation. Direct competitor in industrial hot tapping and pipeline integrity services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/stats-group
• Xx.com/stats__group
• Facebookfacebook.com/STATSGroup

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about STATS Group