The finalists for the 2020 EIC Awards have been announced, with 39 companies competing for 11 categories at the prestigious energy supply chain awards ceremony, taking place on Thursday 3rd December.
North-east oil and gas pipeline engineering specialist Stats Group is preparing for further international expansion after securing an additional £4.3million investment from the Business Growth Fund (BGF).
Bosses have also invested more cash in the business, which had an initial £7.8million of BGF funding in March 2012.
Since the initial deal, the firm has doubled its annual turnover to around £30million, created 145 new jobs and opened operational bases in Canada, the Middle East and US.