home . news & publications . Investment News . BP Reenlists ShawCor in $200 Million Pipeline Coating Contract

BP Reenlists ShawCor in $200 Million Pipeline Coating Contract

ShawCor has announced that its Bredero Shaw pipe coating division has received a second contract with a value of approximately $200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project.

Coating is expected to commence in 2015 with completion planned for October 2015. The contract is scheduled to be executed at the Caspian Pipe Coatings (CPC) plant in Baku.

The contract 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.

Together with the previously awarded contracts relating to Shah Deniz Stage 2 and South Caucasus Pipeline projects, Bredero Shaw has now secured contracts totaling over $500 million on these projects.

Source: Oil and Gas Technology

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