By Dan Munro, Owner of PJ Valves We can do this. We can help the oil and gas industry respond to current pressures by emerging as more efficient and less environmentally damaging. There is going to be blood on the carpet during the next few months and years – but there will also be clear winners. Winners who embrace the opportunity of change, and supply chains that support their customers to deliver this change.
Hertford, UK 13th October 2020: PJ Valves (PJV), the specialist manufacturer and supplier of valves for the global energy industry, has been awarded two significant FPSO valve contracts for projects in Brazil. The company will manufacture and supply valves packages to both projects in the Santos and Campos basins.
The oil and gas sector is very unfashionable at the moment. Environmental concerns and the rise of renewables combined, mean that the industry feels pretty friendless right now.
If a word is overused enough, it begins to lose a sense of its original meaning. Think of the word ‘awesome’, casually deployed for anything slightly positive. Over time, a once-grand word has lost its connection with the idea of awe.
Sixty-seven. That’s how many new FPSOs will come online worldwide, according to an October 2019 report. That averages out to roughly 13 per year – more than double the six new FPSO orders made worldwide in 2017.