ShawCor Back at Work on South Stream Offshore Pipeline

ShawCor's Bredero Shaw pipe-coating division has been notified the work suspension on its contract with Europipe for the concrete weight coating of Line 1 of the South Stream Pipeline has been lifted. In December 2014, ShawCor announced suspension of the majority of work on its $100 million pipeline contracts with Europipe and with Marubeni Sumitomo Consortium and with Saipem SpA, a contract valued at about $30 million.