Pipeline group set to expand

Pipeline technology group Online Electronics said it expects to grow its business by 50% this year through the expansion of its international operations.

The Aberdeen firm’s subsidiary Online Valves has started the year with a £3million order book including business with Karachaganak Petroleum Operating (KPO) Company in Kazakhstan.

KPO manages one of the world’s largest gas and condensate finds, and is a joint venture including oil and gas majors BG Group, ENI, Chevron and Lukoil.