Oliver Valvetek distributes the first of two orders for its Subsea ¾” Actuated Gate Valves, earmarked for South America. Oliver Valvetek subsea gate valves are designed for operation at 15,000 PSI and have been specifically chosen for the project. The Oliver Valvetek team was able to work with the customer to meet a reduced lead-time for deployment on the first trees and EDP package, shipment of the second order of valves is expected at the end of October this year.
The deepwater field development plan involves production wells connected to floating production storage and offloading (FPSO) unit. The FPSO will be permanently anchored to the seabed with a spread mooring system. The operational life of the FPSO is estimated to be a minimum of 25 years and will be one of the largest in the region.
