Native name
|
Derwick Associates de Venezuela SA |
---|---|
Industry | Energy |
Founded | 2007 |
Founder |
Alejandro Betancourt López Pedro Trebbau López |
Headquarters | Venezuela |
Products | Electrical power Natural gas |
Services | Engineering Power-plant construction |
Website | derwickassociates |
Derwick is a Venezuelan energy company specializing in the construction of turn-key power plant projects. Derwick undertook eleven projects that created 1.216MW of new generation capacity for Venezuela.
Derwick's first project was the Engineering Procurement and Construction (EPC) of Picure Power Plant in Vargas State for 156 MW, awarded by the state-owned Electricidad de Caracas in 2009. It was followed by 11 more contracts from the Venezuelan government through PDVSA, CVG and Corpoelec during the 2009 - 2010 energy crisis in Venezuela. Four contracts were awarded by state-owned Electricidad de Caracas (since December 2011, part of Corpoelec), five by state-owned Petróleos de Venezuela SA (PDVSA, with the contract negotiated by Bariven, a division of PDVSA), and one by state-owned Venezuelan Guayana Corporation (CVG). The company's directors are: Edgard Romero Lazo, Iker Candina, Alejandro Betancourt López and Pedro Trebbau López.
Derwick´s Turbine Technology Center (TTC) was started by Derwick in 2011 and conceived as a quick response to the technical assistance needs of the country.
In December 2013, Derwick Associates received the award "The Best Latin-American Initiative", given by Capital, Spanish financial magazine The award recognizes the TTC (Technological Center of Turbines) as an important initiative that has helped to improve Venezuela's power system.
In 2011, Venezuelan newspaper Ultimas Noticias's César Batiz published an investigative series alleging overbilling and odd transactions between BARIVEN and Derwick Associates. The articles alleged that the company had no experience building power plants when it was contracted to build them. A deputy to the National Assembly called for an investigation of how the Derwick contracts were awarded. In 2012, the Derwick articles in Ultimas Noticias won an award for investigative journalism. According to Reporters Without Borders and to the Institute of Press and Society, reporters received "threats, pressures, bribe offers" or were banned on Venezuela's internet. In 2012, César Batiz was offered a US$50,000 bribe to stop writing about the Venezuelan electricity industry.