My name in japanese
My first name is Olivier.
I'm french, so it's pronounced O LI VI E. Am I right to think it should be written as オリヴィエ ? Do all japanese know and understand that ヴィ sound? If not, what would be a close and common approximation ?

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yes, オリヴィエ it is

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I think オリヴィエ is correct as other person said. And you can also use "オリビエ". This is a basic style when you want to write VI sound using katakana.

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I would ad ー to the end of your name: オリヴィエー

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オリヴィエ would be correct ^^

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I think you should use ウィ。 but I can mistake