Neway Valve wins $25 million valve supply contract for Petrobras offshore project

China's Neway Valve signed a supplier contract with Modec Offshore Production Systems Singapore, a Petrobras contractor, to deliver valves for an offshore oilfield project in Brazil, worth about USD 25 million, with delivery by March 2021.

“China's Neway Valve has obtained a contract to provide Rio de Janeiro-based Petroleo Brasileiro with different types of valves for the latter's offshore oilfield project.”yicaiglobal.com

• 1 source
• yicaiglobal.comChina's Neway Wins Petrobras's USD25 Million Valve Deal in BrazilOct 14, 2020

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