Bredero Shaw, a division of ShawCor Ltd. has received contract amendments increasing the value of contracts that were previously announced with a value in excess of $60 million on October 15, 2008.

The revised contracts with Welspun Gujarat Stahl Rohren Limited and Tenaris Global Services S.A. total in excess of $80 million and are to provide Concrete Weight Coatings and anode installation for the National Gas Company of Trinidad & Tobago Ltd's North East Offshore (NEO) and Tobago Pipeline Projects. The increase in the contract values is the result of a change in the coating thickness for the pipelines. Bredero Shaw will mobilize two Compression Coat Technology (CCT) concrete weight coating plants to Trinidad and will commence coating for these projects in the second quarter of 2009.

The North East Offshore Pipeline Project will consist of approximately 94 km of 36" pipe that will transport natural gas from the Angostura Gas Export Platform to Mayaro Bay and then to Beachfield on the east coast of Trinidad. The Tobago Pipeline Project will consist of approximately 54 km of 12" pipe that will transport natural gas from BHP Billiton's Gas Export platform to Columbus Point on the south coast of Tobago. Bredero Shaw will provide Concrete Weight Coating using Compression Coat mobile coating technology.

Compression Coat is the pipeline industry's leading coating system for projects requiring rapid mobilization or coating near the right-of-way. This concrete coating system is designed to provide negative buoyancy and mechanical protection for pipelines in submarine and wet environments. Compression Coat uses a side-wrap application process making it ideal for both small and large diameter pipelines.

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