Gulf Oil and Gas accountACCOUNT

ShawCor Provides Update on the South Stream Offshore Pipeline Project

Source: www.gulfoilandgas.com 6/9/2015, Location: Asia

Share |
ShawCor Ltd. announced that its Bredero Shaw pipe coating division has received notification from Europipe GmbH that the suspension of the work on its contract with Europipe for the concrete weight coating of Line 1 of the South Stream Pipeline has been lifted with immediate effect and that work on this contract is to be resumed.

In December 2014, ShawCor Ltd. had announced the suspension of the majority of the work on its South Stream Pipeline contracts with Europipe and with Marubeni Sumitomo Consortium (with a combined value of approximately US$100 million) and with Saipem SpA (with a value of approximately C$30 million).

As of this date, all of the Company's contracted work for Line 1 of the South Stream Pipeline, with a value remaining to be executed of approximately C$65 million, has been reinstated, and all of the Company's contracted work for Line 2 of the South Stream Pipeline, with a value remaining to be executed of approximately C$60 million, continues to be suspended.

Oil and Gas Pipeline >>

Oil and Gas Pipeline News in Russia >>

Russia >>  4/12/2018 - Nord Stream 2 AG received the second permit required for the construction and operation of the Nord Stream 2 gas pipeline in the Finnish Exclusive Eco...
Canada >>  4/8/2018 - Kinder Morgan Canada Limited is suspending all non-essential activities and related spending on the Trans Mountain Expansion Project. KML also announ...

Russia >>  4/6/2018 - Nord Stream 2 has received the Government’s consent for the use of the Finnish Exclusive Economic Zone (EEZ) for the construction of the planned natur...
Russia >>  4/4/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Marco Alvera, Chief Executive Officer of Snam, took place i...

Related Categories: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 

Related Articles: General  LNG Carriers  LNG Terminal  Natural Gas Storage  Oil and Gas Pipeline  Oil Storage  Railways  Tank Truck  Tankers 


Russia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 | 28 | 29 | 30 | 31 | 32 | 33 | 34 | 35 | 36 | 37 | 38 | 39 | 40 | 41 | 42 | 43 |

Oil & Gas Projects in Russia >>

More News

 

Oil & Gas Companies in Russia >>


Related Links

Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Privacy Policy.