Shawcor announces contract awards for the Sangomar and Baltic pipe projects

Shawcor announced that its pipe coating division has entered into a contract with Subsea 7 to provide thermal insulation coating services for the Woodside Sangomar Offshore Project in Senegal.  The value of the award is in the range of CAD$30-$50 million.  The work is scheduled to be executed from Shawcor’s Orkanger, Norway facility commencing in the first quarter of 2021 and completing in the second quarter of 2021.
Further to its announcement in January of a letter of intent for the Baltic Pipe Project valued at approximately CAD$67 million, Shawcor is announcing that it has now entered into the definitive contract for such project.
Shawcor is a global energy services company specializing in products and services for the pipeline and pipe services segment of the oil and gas industry and related products for the petrochemical and industrial market. The Company operates through a global network of fixed and mobile manufacturing and service facilities and is valued for its integrity, technology and proven capability to execute the most complex projects in its industry.