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Derwick Associates

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Derwick Associates
Native nameDerwick Associates de Venezuela SA
IndustryEnergy
FounderLeopoldo Betancourt López
Pedro Trebbau López
HeadquartersVenezuela
ProductsElectrical power
Natural gas
ServicesEngineering
Power-plant construction
Websitederwickassociates.com

Derwick Associates is a Venezuelan engineering company. During an energy crisis in Venezuela in 2009-2010, Derwick won several contracts to construct and provide supplies for a number of power plants in that country.

Corporate history

Derwick is currently registered in Barbados, Venezuela, Spain and (although presently inactive there) the USA. In Barbados, where it was registered on May 27, 2009, the company is identified as Derwick Associates Corporation. In Venezuela, where it was registered on October 28, 2009, it is called Derwick Associates de Venezuela SA. In Spain, where it was incorporated on 13 January 2011, it is called Derwick Associates International SRL. In the U.S., it was registered on December 2, 2010, under the name Derwick Associates USA LLC.

Directors

The following individuals are listed as directors of the firm: Pedro Trebbau López, Leopoldo Alejandro Betancourt López, Gonzalo X. Guzman López, Edgar Romero Lazo, and Iker Candida.

Venezuelan power station contract

The firm was awarded 12 contracts for such installations in Venezuela during a 2009-2010 energy crisis in that country. Four contracts were awarded by Electricidad de Caracas (which in December 2011 became part of Corpoelec), five by Petróleos de Venezuela SA (PDVSA, with the contract negotiated by Bariven, a division of PDVSA), and one by the Venezuelan Guayana Corporation (CVG).

Bariven awarded contracts in 2010 amounting to more than $760 million for power plants to Derwick and two other intermediaries. Of that sum, the contracts awarded to Derwick amounted to $209 million. The $760 million sum included surcharges of over $403 million, of which just under $87 million were surcharges paid to Derwick. There were allegations by a journalist of double billing by Derwick for the same parts, although none of these allegations were backed up by evidence. The same journalist falsely claimed that in five of the contracts, Derwick failed to meet completion dates.

In February 2013 it was reported that Derwick had been largely responsible for the recent increase in generating capacity in the Caracas metropolitan area.

Donations

In January 2012, Derwick donated funds for the construction of a football field in Sucre.

References

  1. ^ César Batiz (September 26, 2011). "Compras con sobreprecio en la emergencia eléctrica". Ultimas Noticias. Retrieved November 25, 2012.
  2. "Ipys premia serie "Trampas Eléctricas" de ÚN". Retrieved November 25, 2012.
  3. César Batiz (September 18, 2011). "Bariven compró con sobreprecio". Soberania. Retrieved November 25, 2012.
  4. César Batiz (September 27, 2011). "Bariven adquirió equipos eléctricos con $403,7 millones de sobreprecio". Soberania. Retrieved November 25, 2012.
  5. Corporate Affairs and Intellectual Property Office, Derwick Associates Corporation, retrieved 4 Mar 2013.
  6. Registro Mercantil Central, Derwick Associates International SRL, retrieved 4 Mar 2013.
  7. Florida Department of State, Division of Corporations, Derwick Associates USA, LLC, retrieved 4 Mar 2013.
  8. "Con la verdad por delante". Retrieved November 25, 2012.
  9. Cite error: The named reference Law was invoked but never defined (see the help page).
  10. National Contractros Registry of Venezuela, Contract Details for Derwick Associates, retrieved 13 Feb 2013.
  11. "Mesa de unidad exige investigar plan de inversiones electricas". Retrieved November 25, 2012.
  12. El Nacional, 04 Feb 2013, 70% de nueva generación en 2012 se dirigió a Caracas, Zulia y Anzoátegui Retrieved 13 Feb 2013.
  13. "Ocariz entrega quinta cancha de futbol de grama artificial en sucre". Retrieved November 25, 2012.
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