Paladon Systems to supply 167 self-contained hydraulic valve automation systems for the North Azadegan oilfield
To be fitted to 2” to 6” Class 900 to 2500 ball valves, Paladon Systems will be supplying self-contained hydraulic valve automation systems to provide valve fail close capability on loss of an electric command signal or in the event of a fire.
Vice President – Sales Asia Pacific Region Anba Nagappan, “This is a significant project win for us and our Chinese agent Beijing Safewell Technology due to the project’s size and the highly competitive bidding phase. Beijing Safewell Technology’s close working relationship with China National Petroleum Corporation (CNPC) and their outstanding performance throughout the competitive technical and commercial processes were instrumental in helping us secure this prestigious order. My personal thanks to Beijing Safewell Technology for their excellent support and I look forward to working closely with them to ensure the successful delivery of this project.”
Beijing Safewell Technology’s Commercial Manager Shirley Yan, “We are delighted to have won this project with Paladon Systems. Their vast experience with bespoke hydraulic systems enabled them to quickly develop numerous designs throughout the bidding process to adapt to the project’s changing technical requirements and to ensure that the accepted design met fully with the project’s final technical requirements. The development of the surface facilities at the North Azadegan oilfield will continue in multiple phases in the coming years and we look forward to the opportunity of supporting CNPC during these future enhancements.”
Discovered in 1999 and now covering over 900 square miles, the Azadegan oilfield is located 50 miles west of Ahvaz and is estimated to have a 42 billion barrel reserve. Iran is OPEC’s second largest producer with an output of about 3.7 million bpd and the third largest exporter of crude oil to China.