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Shawcor Ltd

12:11 PM EST - Shawcor Ltd : Announces that its pipe coating division has been awarded a definitive contract by Allseas to provide anti-corrosion, internal flow coat, and concrete weight coatings for the Darwin Pipeline Duplication project, located offshore Northern Australia. The value of the award is approximately C$35 million. The work will be executed from Shawcor’s Kabil, Indonesia facility, commencing in 2023. Shawcor Ltd shares T.SCL are trading up $0.34 at $7.85.