Various established North Sea operators sold the majority of their assets to smaller low cost base operators a few years ago and the Company have been successful in supplying valves in all types, grades and classes for operational activities and project work. The philosophy for these new operators is based on low cost maximisation of mature assets and utilising vendors that can give the best service and commercial value. Over the past two years, the Company have been successfully working direct with the project teams and offshore assets for the majority of these new operators.
UK - Global EPC
The Company have supplied this EPC with a full range of valves for various projects, complementing the long running supply agreement held by us for PF&F. Recently we were re-appointed with the blanket supply agreement for all PF&F - carbon steel / all grades, for the third time in succession. The previous agreement lasted for three years with the renewal continuing for a further three year period. Our client utilised this agreement to supply EPC contracts they had in place with their North Sea client base. Recent awards include £3.0m worth of pipeline ball valves for sub Sahara projects.
UK - Global EPC
Over the past few years the Company have supplied a large number of valves to this client. Recent projects include North Sea (Northern and Southern sectors) West Africa and the Caspian region. Over the period the combined value, of these projects and other day/day business the Company assist with, is well in excess of £4.0m.
UK Gas Storage
Supply of all valves in tandem with the supply of all PF&F requirements for modifications and upgrades for a gas storage facility on the south coast of England. Contract value was in excess of £250K.
For the past three years the Company have been working closely with our Nigerian client, a medium sized operator who now owns multiple un-manned assets on the West African coast. They wanted to work with a company that could help them with total supply of materials for various projects, due to the lack of their own engineering and procurement teams at the time. Effectively, the company became their sourcing company for the duration of these projects. Over the period the Company supplied £3.0m gate, globe, check and trunnion ball valves.
Global Drilling Contractor
For more than nine years, operating under a blanket agreement, the Company have been supplying our client with a complete range of valves and PF&F to all of their UK and overseas operations. This has involved usworking with multiple global sites such as Kazakhstan, Azerbaijan, Sakhalin and North Africa.
Working with various Algerian clients over a eight year period, the Company have supplied the majority of all ESDV and manual ball valves for various sub-Sahara projects. In the last four years this has reached a value of £4.0m.