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With an excess of 20 years' experience in the valves industry we are ideally positioned to meet the ever changing supply demands of the Worldwide Oil & Gas and Petrochem industries.
Aberdeen       Houston          Trinidad          Dubia
Its been a manic month at Online Valves here in Aberdeen, whist we are settling well into our new home in Dyce we have also welcomed some new faces to the team, opened our new office in Dubai and not to mention being awarded the Queens Award for International Trade!
So its fair to say we have not had a moment to catch our breath. Never the less we have lots coming up in May, including trips to Houston Texas and Dammam over in Saudi Arabia, so please read on and see whats all being happening. 
ONLINE VALVES LTD,
RECEIVES QUEENS AWARD FOR ENTERPRISE 2016


"To upturn the trends and receive this award in this current slump in the oil & gas markets is an incredible achievement made possible by the excellent work and dedication from our entire staff. This award further endorses our complete commitment to providing a high qaulity service to our growing client base" 
Dave Sim Sales Director

See full article http://bit.ly/1SPp8aY

 
The team at Online Valves will be on the road over the next few weeks

visiting Houston Texas and also Dammam, Saudi Arabia.
If you are attending the OTC Event in Houston between the 2nd & 5th of May please come and say "Hello". James Padgham our Operations Manager will be at the Scotland Pavilion on stand 2063, we would love to see you.
Click Here to see a conference map.
Also Mike Pirie our Sales Development Manger will be in Dammam between the 23rd and 26th of May, so if you would Mike to meet up please drop us an email at mp@online-valves.com or jp@online-valves.com.

News from around the World

World Bank lifts oil-price forecast

The World Bank raised its forecast for crude-oil prices by about 11% on Tuesday, citing expectations for a reduction in the global glut of crude supplies.

The international institution, which provides loans to developing countries, expects crude-oil prices to average $41 a barrel this year, compared with a previous forecast for $37 as oversupply in markets is expected to recede, according to the quarterly Commodity Markets Outlook report released Tuesday. The World Bank forecast is an average of Brent LCOM6, +4.36% West Texas Intermediate CLM6, +1.09% and Dubai crudes.

The estimate for this year would still mark a decline of 19% from last year, and implies “small increases through the rest of the year as the oversupply in the oil market diminishes, the report said.

 “the recent oil price rally brought some relief to producers’ cash flow, and many hedged production forward at higher prices, thereby delaying supply rebalancing,” the report said. “Higher prices and continued efficiency improvements” could also keep supply and demand from reaching a balance.
Article from www.TheOilandGaspeople.com

Deadline extension for new look Offshore Safety Awards

Organisers of a revamped awards ceremony celebrating the men, woman and companies doing their utmost for safety in the UK oil and gas industry have extended the deadline for nominations.

Those nominating in the six categories of the Offshore Safety Awards – organised by Oil & Gas UK and Step Change in Safety with Maersk Oil as principal sponsor – have until noon on Monday 2 May to get their entries in for the Aberdeen Exhibition and Conference Centre event on May 31.

Les Linklater, executive director of Step Change in Safety, said: “We are very excited about our new look Offshore Safety Awards. We have totally changed the format so that it is a real interactive, sharing and learning experience.”

Deirdre Michie, chief executive of Oil & Gas UK, added: “It is a great opportunity for personnel and companies to let their peers know what they are doing to make North Sea operations as safe as they can be. We hope to see as many nominations as possible for this event which we expect will prove really popular as well as being an accessible and efficient way of spreading safety knowledge.” 

www.OilandGasUK.co.uk

News from the Tank
On a more serious note, Our fish tank has survived our move quite well and seems to be flourishing. Since moving to Dyce we have had a few new additions that have settled in well with the residents. The crabs have marked their territory and the Clown fish seem to like the reef.  
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T: +1224 715780
E: Info@online-valves.com
W: www.online-valves.com

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Online Valves Ltd · Unit 11 Ashley Base · Pitmedden Road · Aberdeen, Scotland AB21 0DP · United Kingdom

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