Aberdeen-based weld and pipe supplier Lokring is eyeing an expansion to the Middle East with a view to establishing a permanent presence in the region within 18 months.
Lokring’s Northern UK subsidiary is to initially focus the strategic growth plans on Bahrain, Qatar, Saudi Arabia, Oman and the UAE.
The firm is currently providing a “significant” amount of technical, on-the-ground support, ahead of the plan to open a Middle East base.
Managing director, Ross Millar, said: “Despite lower welder rates in this part of the world, the speed of install and consistent connection of Lokring products are hugely beneficial to Middle Eastern companies within the oil and gas, refinery and shipbuilding industries.
“We have already been in talks with some major operators in the region and look forward to increasing our presence further throughout the year.”
The company has expanded over the past three years, strengthening its internal staff structure and diversifying into new markets.
Millar continued: “We celebrated another successful year at the end of 2016, with a move into larger premises in Aberdeen to accommodate increasing staff numbers.
“We’re excited about further expansion, particularly as the Middle East has huge potential, and our growth in this region has allowed us to ensure we have a continuous presence of technical consultants on the ground to support our clients.”
Lokring’s technology provides a mechanical method for producing permanent pipe and tube connections.
