STATS formalises agreement with OSD

The agreement has the potential to significantly increase the exposure of STATS’ pipeline technologies, including its DNV GL type approved isolation tools, in the southern hemisphere, and complement growth in the Asian and Chinese markets.

The agreement comes after recent collaborations, with STATS completing three pressurised pipeline isolation projects to allow safe valve replacement and installation for major operators on behalf of OSD, which is an engineering, operations and commercial services provider to the oil and gas, pipelines and facilities, process, refining, water and hydro-transport sectors.

“This is an ideal partnership for STATS which opens up new markets and provides opportunities to showcase our expertise in pipeline isolation, hot-tapping and valve replacement services,” STATS Group Regional Sales Manager Asia Pacific Gareth Campbell said.

“We share the same ethos as OSD in seeking to offer world-class engineering across the asset lifecycle, with a focus on technical and commercial innovation.

“This alliance has enjoyed an excellent start with three successful isolation projects in New Zealand and we believe our joint capabilities offer a compelling proposition for operators in the New Zealand pipeline sector.”

OSD General Manager New Zealand Shane Hamnett also commented on the potential benefits of the partnership for pipeline operators.

“We are delighted to be able to announce this partnership with STATS as it further supports our drive for excellence in providing world class engineering, technical and innovative solutions to industries toughest challenges,” he said.

“Jointly, our outstanding relationship and organisational alignment provides a unique opportunity for pipeline operators to efficiently implement solutions that improve the overall operations, maintenance and growth activities across their asset base.”

For more information visit the STATS website.

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