Velan ABV wins MODEC valve supply contract for Brazilian FPSO

Velan ABV, a Velan subsidiary in Lucca, Italy, received a contract extension from MODEC to supply riser and topside actuated valves and compact manual ball valves for the FPSO MV31 Guanabara, deployed at the Mero field operated by Petrobras. Deliveries are due mid to late 2019; the article gives a combined value of US$63 million for two contracts.

“Velan ABV signed contracts with MODEC for the supply of riser and topside actuated valves as well as compact manual ball valves for their new Floating Production Storage and Offloading (FPSO) MV31 Guanabara vessel.”globenewswire.com

• 2 sources
• globenewswire.comVelan is awarded two major contracts worth a total of US$63May 16, 2019
• globenewswire.comVelan is awarded two major contracts worth a total of US$63May 16, 2019

Summarized from public sources; check the original articles before acting on it.