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Velan's subsidiary Velan ABV was awarded contracts to supply multiple packages of actuated and manual high and ultra-high pressure forged valves to MODEC Offshore Production Systems (Singapore), with deliveries scheduled from late 2020 to mid-2021. The article gives no value for these specific orders.
“Velan Inc.’s wholly owned subsidiary Velan ABV has been awarded important contracts for the supply of multiple packages of actuated and manual valves to MODEC Offshore Production Systems (Singapore) Pte. Ltd.”valve-world-americas.com
Summarized from public sources; check the original articles before acting on it.