STATS Group has been awarded a global frame agreement by BP to provide pipeline isolation and intervention services.
The Aberdeen-based pipeline engineering specialist has worked with BP in the past but this three year agreement formalises the relationship covering all BP’s regional business units.
STATS has committed to developing industry best practice by working with BP and three other contracting parties to develop and promote industry standards.
Recent projects performed by STATS on BP assets include workscopes in the North Sea, Azerbaijan, Angola and Trinidad.
A BP spokesperson said: “This contract marks a significant achievement as the culmination of work with supplier engagement and evaluations. Safe isolations are important across BP’s operations for works such as valve replacement and for plant/platform shutdowns. All of the suppliers have committed to a programme of continuous improvement and developing best practices leading to industry guidelines.”
STATS Group chief executive officer, Pete Duguid, said: “We are delighted to secure this contract which will strengthen our relationship with BP and confirms our position as a leading provider of pipeline isolation services to the global oil and gas market.
“We are actively working with BP to develop best practise guidelines which will enhance the safety performance of the whole industry. This is a real ‘value add’ and is recognition of STATS’ technological edge in a performance critical environment.”
STATS was founded in 1998 and has developed a range of patented plugs and isolation tools which are all designed, manufactured, assembled and tested in Aberdeen.
Press Release, September 20, 2012