Cape : Qatar Shell GTL awards Cape a five-year civil and building maintenance contract

07 February 2017

Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce that its Qatar operations have signed a five-year contract, with a two-year extension option, with Qatar Shell GTL to provide civil and building maintenance services for their facilities at Ras Laffan.

The Pearl Gas-to-Liquids (GTL) plant, jointly developed by Shell GTL and Qatar Petroleum, is the world's largest GTL plant and one of the world's largest, most complex and challenging energy projects ever commissioned.

Samir Chopra, Operations Director Qatar, commented: 'We are delighted to win this contract, which is aligned with our business strategy to diversify into new disciplines with existing customers. This will further strengthen our capability in securing and executing civil and building term maintenance contracts in the oil and gas sector.'

About Cape:

Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access systems, insulation, specialist coatings, passive fire protection, refractory linings, mechanical services, environmental services, oil and gas storage tanks and heat exchanger replacement and refurbishment. Cape employs c.16,400 people working across 19 countries and in 2015 reported adjusted revenue of £711.4 million.

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