# Shawcor receives commitments for five pipe coating projects valued over $200M

Shawcor's pipe coating division received commitments for five projects in South America, including a deep-water development with Saipem and four Brazilian offshore projects, collectively valued over $200 million.

- Type: Contract
- Announced: 2022-12-20
- Where: Serra, Brazil, Brazil
- Value: $200.0M
- Status: announced
- Products: pipe coating services, thermal insulation, anticorrosion coating
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Shawcor](https://endata.com/companies/2878.md)
- [Saipem](https://endata.com/companies/1847.md) (customer)

## Sources

- [financialpost.com](https://financialpost.com/globe-newswire/shawcor-receives-commitments-for-five-pipe-coating-projects-collectively-valued-over-200m-and-completes-sale-of-argentine-subsidiary), 2022-12-20: "Shawcor has worked hard to earn a strong reputation in South America for providing high-value, technically differentiated and high-quality pipe coating services."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.