
Shawcor to Rebrand and Focus on Leadership in Infrastructure Technology as it Explores Strategic Alternatives for Several Oilfield Businesses
Shawcor Ltd. today announced that it will seek to change its name to Mattr (the “Name Change”). The Name Change is expected to occur during the first half of 2023, conditional on regulatory and shareholder approvals, and it is anticipated that trading of the Company’s common shares will commence under …
Shawcor: Purchases Tubular Inspection and Management and Global Poly of Flint Field Services
SHAWCOR LTD. announced today that it has completed the acquisition of the assets of the Tubular Inspection and Management (“TIM”) and Global Poly businesses operated by Flint Field Services Ltd. for C$35.5 million, subject to working capital adjustments. The TIM and Global Poly businesses operate from five owned and five …
ShawCor Provides Update on the South Stream Offshore Pipeline Project
In December 2014, ShawCor Ltd. announced the suspension of the majority of the work on its South Stream Pipeline contracts with Europipe GmbH and Marubeni Sumitomo Consortium (with a combined value of approximately US$100 million) and with Saipem SpA (with a value of approximately C$30 million). ShawCor announced today that …
ShawCor: Completes the Acquisition of Dhatec B.V
ShawCor Ltd. announced today that it has completed the acquisition of Dhatec B.V. for an undisclosed amount. Dhatec is a Netherlands based company which designs, assembles and markets engineered pipe logistics products and services which mitigate damage and enhance safety and efficiency in the manufacturing, coating, handling, transportation, preservation and …
Shawcor: Awarded Second Contract Worth $200m USD for Shah Deniz Stage 2
ShawCor Ltd. today announced that its Bredero Shaw pipe coating division has received a second contract with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating for the Shah Deniz Stage 2 development project. The contract is scheduled to be executed at the Caspian …
ShawCor: Wins $200m Contract for Shah Deniz
ShawCor Ltd. today announced that its Bredero Shaw pipe coating division has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants …