In a market climate where low hydrocarbon prices have delayed investment decisions and new field development, PJ Valves are working closely with our customers to engineer solutions that enable them to maximise project cost efficiency.
As the number of sanctioned projects has slowed, loading through the manufacturing supply chain has decreased. In general, those projects that do proceed should feel the commercial benefits of lower costs and improved delivery driven by increased capacity and competition.
The extension of our global reach into the S.E Asian floater market has seen us maintain strong project sales performance, and our fast track delivery capabilities enable us to support essential modification and upgrade requirements across all regions.