STATS Group are in a strong position to capitalise on new opportunities in the transition to more sustainable energy supplies and a carbon net-zero future.
With decades of experience working on oil and gas pipeline projects, the Aberdeenshire-headquartered company has at its disposal the skills and proven technologies to deploy in Carbon Capture and Storage (CCS), related CO2 pipelines, and natural gas pipelines blended with hydrogen.
STATS Group chief executive officer, Leigh Howarth, said: “STATS technologies have been helping our customers reduce emissions for 20 years. Our focus on innovation means we’re ideally placed to continue this support, not only in the traditional hydrocarbon sector, but also as the industry transitions to more sustainable energy supplies.”
With investment in both CCS and hydrogen projects accelerating, there is a growing focus on how existing pipeline infrastructure can be repurposed for both CO2 and blended or pure hydrogen transportation.
Over the past two decades, STATS Group has played a central role in numerous pipeline interventions, repairs and maintenance projects, giving the company a deep knowledge base of the very infrastructure that, in the future, may be repurposed.
In that same period, and directly relevant to CCS, STATS has established itself as the “go-to” provider of intervention and isolation services on high-pressure liquid CO2 pipelines.
Notwithstanding the opportunities in relation to CCS and hydrogen, STATS continues to support its customers to reduce emissions, recognising the pivotal role that natural gas is playing as the world seeks to first reduce carbon emissions ahead of a longer term transition to more sustainable sources of energy.
Using the company’s proprietary double-block-and-bleed pipeline isolation technologies, localised repair and maintenance worksites can be safely isolated without the need to depressurise large sections of the pipeline, thereby avoiding the need to discharge significant quantities of emissions into the atmosphere.
Mr Howarth concluded: “We’re excited about the future energy transition and the role STATS is playing in supporting our customers to achieve their net-zero goals.
