Aegion Corp (NASDAQ:AEGN) declared that it will start, this fall, pipe layering as well as the use of a novel pipe insulation product for utilization on the Shell Appomattox project. Materia Inc, the insulation product seller for the project is also all set to commence work on the project.
Shell Offshore, a completely owned subsidiary of Royal Dutch Shell plc (NYSE:RDS.A) has chosen Aegion’s subsidiary, The Bayou Companies LLC to supply the pipe layering as well as insulation for the Appomattox venture situated in the Gulf of Mexico’s deep waters.
Aegion is working along with Materia to deliver Materia’s HTI-1400 insulation system for the important project. The freshly produced thermosetting hydrocarbon polymer system gives a strong thermal barrier placed between seawater and flowlines. The system is a stable incompressible material in water depths over 10,000 feet. Just now Materia finished the 1st phase of the needed enlargement of its Huntsville, Texas unit to manufacture the fresh thermal insulation product and is continuing with the commissioning procedure. The 2nd phase of the increase is anticipated to take place in the 2nd as well as 3rd quarters of this year.
A cutting edge layering facility tailor-made for the Appomattox project is presently in the construction phase at Bayo’s Louisiana area, where Bayou will give anti-corrosion pipe layering as well as other services. Bayou Wasco Insulation, LLC, a joint project between Aegion and Wasco Energy, Malysia is a frontrunner in insulation layering and is best place to serve the Gulf of Mexico’s deep water pipeline sector.
Aegion Corporation declared the bagging of a $6.8 million project for its Insituform Technologies, LLC venture from the City of West Palm Beach, Florida. The latter examined cured-in-place pipe (CIPP), dig and replace, sliplining solutions prior to choosing Insituform’s CIPP know-how as the process to repair this pipeline. Insituform will start the assignment in May 2016 and end it by September 2016. A flow bypass system is going to be established all through the project for minimum adverse effects to the community as the InsituMain system is installed.
