ShawCor Bags Shah Deniz 2 Pipe Coating Gig
- Business & Finance
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 involve the application of a full suite of coatings, including “Thermotite” multilayer polypropylene insulation, anti-corrosion and concrete weight coatings. Coating will start in late 2014 and continue through the 2015 to 2018 period.
In addition to the contracts announced, Bredero Shaw is currently bidding on other contracts relating to the Shah Deniz Stage 2 project.
ShawCor Ltd. is an energy services company specializing in products and services for the pipeline and pipe services and the petrochemical and industrial segments of the oil and gas industry.
Bredero Shaw, ShawCor’s largest division, is the provider of pipe coating solutions and employs over 4,000 permanent and contract personnel located at offices and facilities in fifteen countries.
Press Release, September 29, 2014