Company Market Research Report: The Shaw Group
Company Overview
Name
The Shaw Group
Mission
No information is available
Founding Information
- Founded: Originally established in Laurens, South Carolina, in 1987
- Acquisition: June 2020, the former Shaw Group assets were acquired from McDermott International, Inc.
Key People
- Chairman: Doug Oberhelman
- Vice Chairman: Mike Childers
- Directors: Ashton Hudson, DeWitt Thompson, Jonathan Siegler
- Chief Executive Officer: Dan Simpson
- Chief Commercial and Operating Officer, US: Matt Rodgers
- Chief Operating Officer, MENA: Paul Head
- Interim Chief Financial Officer: Ben Zils
- General Counsel: Mark Willingham
- Vice President, Human Resources: Robyn Breaux
Headquarter
Houston, Texas
Number of Employees
Approximately 1,400 employees
Revenue
No information is available
Notable Recognition
Shaw is an industry leader in pipe and module fabrication specializing in induction bending, with significant capabilities in risk mitigation and cost reduction for field construction. They are known for their expertise in modularization, engineering, procurement, and the flexibility of their operations.
Products
Overview
The Shaw Group offers a wide range of specialized fabrication and engineering services across several industries including oil and gas, renewables, power generation, water treatment, pharmaceuticals, pulp & paper, and technology.
Product Descriptions & Features
1. Pipe Fabrication
- Description: Custom welding of pipe components into engineered systems.
- Key Features:
- Automated 1G TIG, 1G MIG welding
- Induction and cold bending
- Robotic cutting and welding
- Online spool tracking
2. Modular Fabrication
- Description: Designing, building, and shipping modules from their Lake Charles facility.
- Key Features:
- Pre-assembly in controlled environments
- Reduces overall cost and delivery schedule
- Easy access for barge and road transport
3. Induction Bending
- Description: Utilizes advanced equipment for bending pipe and structural shapes.
- Key Features:
- Pipe bending up to 66" diameter
- In-house metallurgical testing
4. Specialty Coatings
- Description: Coating services to enhance wear resistance, rust protection, and weather sustainability.
- Key Features:
- Automated and manual blasting
- Various media and mixing stations
- Indoor blasting capabilities
5. Structural Steel Fabrication
- Description: Fabrication of structural steel components.
- Key Features:
- Latest technology for defect-free fabrication
- Expertise in custom-fitted metal elements, pressure vessels, and more
6. Engineering, Procurement, and Fabrication (EPF)
- Description: Seamlessly integrated engineering and fabrication services.
- Key Features:
- Full front-end and detailed design
- Turnkey project execution
Recent Developments
Developments
1. Safety Milestones
- August 28, 2024: Chemex Global reached 2 million safe work hours.
- October 16, 2023: Achieved 10 million workhours with no lost time incidents.
- September 13, 2023: US Operations team accomplished 3 million safe man-hours.
- July 18, 2023: Bahrain facility achieved 9 million man-hours without a lost time incident.
2. Leadership Changes
- August 8, 2024: Dan Simpson named new CEO, succeeding Mike Childers who becomes Vice Chairman and Major Accounts Development.
- June 28, 2023: Rhett Phillips appointed as Vice President, Corporate Development.
New Products and Features
- No specific new product launches mentioned.
Partnerships and Contracts
1. Contracts Awarded
- July 2023: Contract for module and pipe fabrication for an MMA facility in Texas.
- May 2023: Pipe fabrication contracts for projects, including a natural gas-fired power plant in Louisiana and a natural gas-fueled electric generating station in Utah.
Conclusion
The Shaw Group boasts extensive capabilities and significant industry expertise in pipe and module fabrication. Their strategic acquisitions, advanced technological utilization, and unwavering commitment to safety and quality position them as leaders in their field. Significant achievements in safety and recent leadership changes underscore their continuing evolution and robust market presence.
