Jubail-based Pan Gulf Valvserve expects to witness a 40 per cent overall growth this year, on the back of its recent successes in Saudi Arabia’s Western Region, and its robust order book of global contracts and Eastern Province activities.
The company performs a range of repair, maintenance and overhauling services for valve and related components, including pipeline intervention, leaks and emissions control and mechanical services.
Pan Gulf Valvserve has completed large-scale projects in the Western Region and in Kuwait involving pipeline intervention services. Among its successful operations is mechanical services onsite, offered for shutdowns and turnarounds which yielded 60 per cent of the revenues (fiscal 2014-2015).
To ensure its continued growth in the region, Valvserve has just invested in new test benches for its three workshops in Jubail and Yanbu in Saudi Arabia, and in Bahrain, and portable safety relief test benches for site services, which will ensure that it can expand capacity and grow the company further.
“We are looking to stabilise the company and continually grow through the addition of new complementary services. Valvserve will continue to invest in developing resources and expansion,” said a company spokesman.
In line with this focus, renovation work is ongoing at its Jubail facility, while negotiations are under way for a workshop in Yanbu. Its Bahrain operation has recently relocated to a new and improved facility. In addition, pipeline intervention agency agreements have been concluded in Kuwait and Oman.
“We are in-kingdom service partners for the Mokveld range of valves, Solent and Pratt range of valves, HP Valve service partners, various OEM (original equipment manufacturing) spares suppliers and pipeline intervention designers and suppliers. Other technical partner tie-ups are being negotiated,” he pointed out.
Valvserve, which used to operate as a combined facility with a manufacturing focus, started operating as an independent company fully focused on services since last year. Subsequently, the development of control valve service capability has resulted in an increase in the service offering for the company.
The majority of the company’s services include calibration and certification of valves for new-build projects, mechanical and instrumentation site services for control valves, safety relief valves and shut-off valves and pipeline intervention services such as hot tapping and line stoppling, he said.
Valvserve also increased its capacity for larger-sized valves which resulted in completing work on 96-inch butterfly valves, while previously the maximum size was only 66 inches.
“We have a team of skilled engineers and technicians who are able to deliver a complete range of services for mechanical, safety and control valves. The services range from vacuum to high pressure across a broad spectrum of sizes and pressure ratings,” he said.
Customer satisfaction is a key aspect of Valvserve’s business model and the firm’s ambition is to expand it service portfolio to other related disciplines, with a targeted new service each year to 2020.