ShawCor wins second contract for Shah Deniz Stage 2 project

Offshore staff

TORONTOShawCor Ltd. (TSX:SCL) reports that its Bredero Shaw pipe coating division has received a second contract worth $200 million from BP Exploration (Shah Deniz) Ltd. for pipeline coating for the Shah Deniz Stage 2 development project. The contract is scheduled to be executed at the Caspian Pipe Coatings (CPC) plant in Baku, Azerbaijan.

The contract awarded involves the application of anti-corrosion and concrete weight coatings, and upgrades to the CPC plant in Baku to enable the facility to meet the project's requirements for anti-corrosion and concrete weight coating.

Coating is expected to begin in 2015, with completion planned for October 2015.

11/19/2014

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