SRJ
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Company News
SRJ Technologies lands $1.45m North Sea inspection contract with oil and gas supermajor
SRJ Technologies’ (ASX: SRJ) UK-based subsidiary Air Control Entech (ACE) has landed a significant contract with an unnamed global energy supermajor. ACE, which SRJ acquired in mid-2024 for $8.6 million, will provide advanced inspection and emissions monitoring campaigns in the North Sea for the international oil and gas firm. The $1.45m contract involves fixed monthly […]
SRJ Technologies to acquire pipeline integrity firm STATS
Specialised engineering company SRJ Technologies Group (ASX: SRJ) has confirmed it will conduct a $142 million capital raising to fund the acquisition of pipeline integrity solutions firm STATS (UK). The raising will be in the form of a fully underwritten offer of CHESS depository interests (or CDIs) and the proceeds will also be used for working capital […]
SRJ Technologies advances hydrogen-compatible pipe technologies
Specialised engineering firm SRJ Technologies Group (ASX: SRJ) has made further progress with the development of hydrogen-compatible pipe technology. The company announced a partnership with Curtin University and precision machining firm SixDe in September to develop new weld-free coupling technology to enable pipelines to meet the requirements of the emerging hydrogen industry. The project has […]
SRJ Technologies secures more asset integrity work with global entity SBM Offshore
Monaco-based SBM Offshore has awarded SRJ Technologies (ASX: SRJ) a new asset integrity consulting contract and extended an existing agreement, which equates to a further $184,000 in work. The new consulting contract is for SRJ to provide SBM with reliability analysis and maintenance optimisation services for its floating production storage and offloading (FPSO) vessels. This […]
SRJ Technologies completes trial of weld-free coupling product for pipeline connections
Specialised engineering firm SRJ Technologies (ASX: SRJ) has completed a trial of its weld-free coupling product for pipeline connection applications with mobile offshore platform builder Keppel FELS. The trial was carried out during the September quarter at Keppel’s Singapore yard and focused on ease of installation and pressure retaining performance testing for 4-inch pipes widely used across […]
SRJ Technologies wins pipeline integrity work with Abu Dhabi giant ADNOC
Specialised engineering business SRJ Technologies (ASX: SRJ) has been awarded a contract with the Abu Dhabi National Oil Company (ADNOC), which this week made history with its drilling unit becoming the largest-ever initial public offering (IPO) on its national bourse. SRJ’s contract involves designing, manufacturing and installing pipeline asset integrity solutions for pipeline, flange and […]
SRJ Technologies to develop hydrogen-compatible pipe technology with Curtin University
Specialised engineering services and pipeline business SRJ Technologies (ASX: SRJ) has announced a new partnership with Curtin University and precision machining firm SixDe to develop hydrogen-compatible pipe technology. The project is expected to start in the fourth quarter with completion scheduled for the first quarter of 2023. The proposed project focuses on the proof of […]
SRJ Technologies to supply BoltEx inventory to Qatar Petroleum’s facilities in Al-Shaheen oil field
Engineering and containment management solutions provider SRJ Technologies (ASX: SRJ) has collared a contract to supply its BoltEx inventory to facilities owned by one of the world’s largest gas and liquefied natural gas producers, Qatar Petroleum. Qatar Petroleum owns a wide range of oil and gas processing facilities in the offshore Qatar region. SEMBCORP Industries […]
SRJ Technologies lists on ASX as Mitsui takes stake
After completing a $8 million initial public offering, pipeline equipment supplier SRJ Technologies (ASX: SRJ) has listed on the Australian Securities Exchange. In its IPO, SRJ’s shares were offered at $0.50 each. Soon after its shares started trading this morning, investors were paying up to $0.79. The company is domiciled in St Heliers, Jersey, has […]