We are proud to be a part of the Johan Sverdrup project! Today we shipped 117 valves, the final batch of 500 valves. Production startup is expected in 2019. Peak production is estimated to be over 500,000 barrels per day (79,000 m3/d), which will make it by far the largest producing oil field in the North Sea.
Our customer has now received all of the over 500 high quality valves in Titanium and Duplex material, Norsok approved according to TR2000 specification. This shows that even in big production series Norvalves are competitive not only on delivery time and quality, but also on price, especially when it comes to Titanium and other exotic materials.
After 29 years supplying the Oil & Gas industry we have written many success stories, this week we wrote two more, a major subsea delivery for the Catcher Project operated by Premier Oil, and one for the Johan Sverdrup Project operated by Statoil.
This picture shows 3-inch titanium ball valves ready for shipping.