The Bayou Companies recently held a ribbon cutting for their new 56,000 square foot pipe coating facility at the Port of Iberia. The $14 million expansion will provide anti-corrosion coating for deep water pipelines in the Gulf of Mexico. The company will take on a two-year project for Shell Oil’s Appomattox project, Shell’s largest floating platform in the Gulf of Mexico. The Bayou Companies continued investment and commitment to the Port of Iberia and Iberia Parish helped secure $1.5 million in TIF (Tax Increment Finance) funds for overall infrastructure improvements in and around their facility. In introducing Gov. John Bel Edwards at the ribbon cutting, Port of Iberia Executive Director, Craig Romero, thanked him for changing his busy schedule to attend and also praised him for fulfilling his campaign promise of doubling the Ports Enhancement Fund.
Dynamic Energy Services International has begun delivery on the topside modules fabricated at the Port of Iberia for the Sasol Ltd. ethane cracker project being built in Lake Charles. They also are currently working on fabrication of a number of modules for Shell Oil’s Appomattox project. Craig Romero, Port Executive Director, stated “The Appomattox project is another example of Shell Oil’s commitment to south Louisiana companies and the Port of Iberia.”
Logan Industries is nearing completion of a 30,000 square foot facility to store large components of offshore rigs. This $4.5 million facility will have cranes with lifting capabilities of more than 80 tons. Logan Industries provides a wide range of products and services to the oil and gas construction, drilling, production and support/diving industries worldwide.
Ram Design is continuing construction of its 18 acre facility at the Port of Iberia. The Port has invested $3 million for land improvements and construction. Ram Design, a consulting and inspection company is a leader in automated internal high speed corrosion mapping to drilling and production risers.
Port of Iberia Executive Director Craig Romero said, “I want to thank both Logan Industries and Ram Design for choosing the Port of Iberia. I also thank the Port’s Board of Commissioners for their continued support of growth and expansion at the Port of Iberia.”
Louisiana Machinery Company is in final discussions of a major multi-million dollar facility expansion at their Port of Iberia headquarters. Louisiana Machinery is an integrated products and service company supplying gas compression, power generation, pumps and process equipment to the oil and petrochemical industry.