Search results for: ShawCor

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  • 28 February 2014
    Business & Finance

    ShawCor Ltd. announced Bill Buckley’s retirement as Chief Executive Officer at the Company’s Annual Meeting on May 1, 2014 but will stand for re-election as a director of the Company. Current President, Steve Orr will succeed him as CEO on that date and will also stand for election as a director at the meeting. Bill joined ShawCor in 1994 […]

  • 28 February 2014
    Business & Finance

    ShawCor Ltd. announced that Bill Buckley will retire as Chief Executive Officer at the Company’s Annual Meeting on May 1, 2014 but will stand for re-election as a director of the Company. Current President, Steve Orr will succeed him as CEO on that date and will also stand for election as a director at the […]

  • 5 December 2013
    Business & Finance

    ShawCor Ltd announced an agreement for the sale, subject to regulatory approval, of its Socotherm division’s joint venture interest in Socotherm Brasil to its joint venture partner, Tenaris. Socotherm Brasil operates a pipe coating facility which is managed by Tenaris and which is located at the Confab welded pipe mill in Pindamonhangaba, Brazil. From the […]

  • 10 January 2014

    ShawCor Ltd has announced that it expects to report significantly lower earnings for its fourth quarter of fiscal year 2013 compared with the record earnings reported in the third quarter.   These preliminary estimates are being provided despite the fact that ShawCor’s auditors have not completed their procedures with respect to such information nor completed […]

  • 9 June 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    ShawCor informed that its Bredero Shaw pipe coating division has received notification from Europipe GmbH that the suspension of the work on its contract with Europipe for the concrete weight coating of Line 1 of the South Stream Pipeline has been lifted with immediate effect and that work on this contract is to be resumed. In […]

  • 1 July 2014
    Business & Finance, Equipment, Operations & Maintenance

    ShawCor Ltd. has announced its pipe coating division, Bredero Shaw, has received a contract with a value of approximately US$50 million from Marubeni Sumitomo Consortium for coating services for Line 2 of the South Stream Offshore Pipeline. The South Stream Offshore Pipeline system is comprised of 4 pipelines that will cross the Black Sea and transport […]

  • 27 February 2014
    Business & Finance, Equipment, Project & Tenders

    ShawCor Ltd. announced its pipe coating division, Bredero Shaw, has received a contract with a value of approximately US$50 million from EUROPIPE GmbH for the concrete weight coating of Line 1 of the South Stream Offshore Pipeline. The South Stream Offshore Pipeline system is comprised of 4 pipelines that will cross the Black Sea and […]

  • 1 December 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    ShawCor Ltd.  announced that its pipecoating division, Bredero Shaw, has received a contract with a value in excess of US$45 million from Hyundai Heavy Industries to provide corrosion protection and concrete weight coating for the Barzan pipeline project in the Qatari sector of the Arabian Gulf. The contract will be executed at Bredero Shaw’s facility […]

  • 5 September 2014
    Business & Finance, Equipment, Project & Tenders

    ShawCor Ltd has announced that it had completed the sale of its Socotherm division’s joint venture interest in Socotherm Brasil to its joint venture partner, Tenaris. ShawCor first announced the sale in December 2013. Socotherm Brasil operates a pipe coating facility which is managed by Tenaris and which is located at the Confab welded pipe […]

  • 25 October 2011
    Business & Finance

    ShawCor Ltd.  yesterday announced that its pipecoating division, Bredero Shaw, has been awarded a number of contracts with a total value in excess of US$40 million from Subsea 7, a global leader in seabed-to-surface  engineering, construction and services, to provide flow assurance pipecoatings in support of subsea projects in the Norwegian sector of the North […]

  • 18 November 2014
    Business & Finance, Equipment, Project & Tenders

    ShawCor Ltd. today announced that its pipe coating division, Bredero Shaw, has received a second contract with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. ShawCor says the contract is scheduled to be executed at the Caspian Pipe Coatings (CPC) […]

  • 29 September 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    ShawCor’s pipe coating division, Bredero Shaw, has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants within Bredero Shaw’s EMAR region. The contracts awarded […]

  • 5 September 2014
    Business & Finance, Operations & Maintenance

    ShawCor Ltd has completed the sale of its Socotherm division’s joint venture interest in Socotherm Brasil, first announced in December 2013, to its joint venture partner, Tenaris. Socotherm Brasil operates a pipe coating facility which is managed by Tenaris and which is located at the Confab welded pipe mill in Pindamonhangaba, Brazil. From the sale, […]

  • 18 April 2013
    Business & Finance, Equipment, Operations & Maintenance

    ShawCor Ltd. announced that its Socotherm division has completed the acquisition of the 49% interest in Socotherm LaBarge LLC that it did not previously own for an undisclosed sum. Since 2008, Socotherm has been a partner in this successful joint venture in the global offshore deepwater insulation coating market. The venture has a strategically located […]

  • 25 October 2011
    Business & Finance, Project & Tenders

    ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has been awarded a number of contracts with a total value in excess of US$40 million from Subsea 7, a global leader in seabed-to-surface engineering, construction and services, to provide flow assurance pipecoatings in support of subsea projects in the Norwegian sector of the North Sea. […]

  • 10 November 2011
    Business & Finance, Operations & Maintenance

    ShawCor Ltd. Announces Third Quarter 2011 Results. * Third quarter revenue of $271 million declined by 4% from the $283 million reported in the third quarter of 2010 but was marginally higher than the $265 million reported in the second quarter of 2011. * EBITDA in the third quarter was $12.5 million, 78% lower than […]

  • 23 May 2014
    Business & Finance, Equipment, Project & Tenders

    ShawCor’s  pipe coating division, Bredero Shaw, has received a contract with a value of approximately US$70 million from BP Exploration (Shah Deniz) Ltd. for and on behalf of the South Caucasus Pipeline Company Ltd. for coating services for the South Caucasus Pipeline Expansion (SCPX) project. The objective of the SCPX Project is to expand the […]

  • 11 August 2011
    Business & Finance, Operations & Maintenance

    ShawCor Ltd. announces second quarter 2011 results: Second quarter revenue of $265 million increased by 13% from the $235 million reported in the second quarter of 2010 but was 5% lower than the $279 million reported in the first quarter of 2011. EBITDA in the second quarter of $35.3 million increased by 12% from $31.4 […]

  • 17 April 2013

    ShawCor Ltd’s Socotherm division has completed the acquisition of the 49% interest in Socotherm LaBarge LLC that it did not previously own for an undisclosed sum. Since 2008, Socotherm has been a partner in this successful joint venture in the global offshore deepwater insulation coating market. The venture has a strategically located facility in Channelview, […]

  • 15 May 2015
    Business & Finance, Operations & Maintenance, Project & Tenders

    ShawCor informed that its Canusa-CPS division has received notification from Saipem SpA that the suspension of the work on the Saipem contract in relation to South Stream Pipeline has been lifted with immediate effect and that work on this contract is to be resumed. The notification follows Saipem’s announcement that the company has been cleared by […]

  • 1 December 2011
    Business & Finance, Equipment

    ShawCor’s  pipecoating division, Bredero Shaw, has received a 45 milliona contract from Hyundai Heavy Industries to provide corrosion protection and concrete weight coating for the Barzan pipeline project in the Qatari sector of the Arabian Gulf. The contract will be executed at Bredero Shaw’s facility in Ras al Khaimah in the United Arab Emirates and […]

  • 4 July 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    ShawCor Ltd. announced that its field-applied pipeline coatings and services division, Canusa-CPS, has received a contract with a value of approximately Cdn $30 million from Saipem SpA to provide field joint coating services for Line 1 of the South Stream Offshore Pipeline. The South Stream Offshore Pipeline system is comprised of 4 pipelines that will […]