Subsea 7 Awards Several Contracts to ShawCor

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.

The contracts will be executed at Bredero Shaw’s facility in Orkanger, Norway and involve the coating of in excess of 110 km of 6” to 16” pipe. This facility is a technology leader in the Flow Assurance,

Field Joint and Custom Coating markets and provides leading-edge insulation solutions to the North Sea and West Africa.

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 seven divisions with over seventy manufacturing and service facilities located around the world.

Bredero Shaw, ShawCor’s largest division, is the global leader in pipe coating solutions and employs approximately 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.

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Source: ShawCor , October 25, 2011;