ShawCor wins $200M Shah Deniz pipe coating job. Bids for more work (Azerbaijan)

Business & Finance

ShawCor’s Bredero Shaw pipe coating division has received contracts with a value of approximately US$200 million from BP for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project in Azerbaijan.

ShawCor wins $200M Shah Deniz job. Bids for more work (Azerbaijan)

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 Friday, 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. The Company operates through nine divisions with over ninety manufacturing and service facilities located around the world.

Thermotite
Thermotite, subsea thermal insulation system.

Bredero Shaw, ShawCor’s largest division, is the global leader in pipe coating solutions and employs over 4,000 permanent and contract personnel located at offices and facilities in fifteen countries. The division provides specialized coating systems and related services for corrosion protection, insulation and weight coating applications on land and marine pipelines including highly engineered corrosion and insulation systems for deepwater applications.

[mappress]
Press Release, September 29, 2014