Cape : Energy Technical Services awards Cape a plant shutdown contract for the provision of scaffolding, insulation and painting services

09 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 major shutdown contract with Energy Technical Services (ETS) for the provision of scaffolding, insulation and painting services during the shutdown of Qatar Petroleum's Arab-D gas recycling plant in Dukhan. Pre-shutdown activities commenced in December 2016, with full shutdown activities scheduled to finish in April 2017.

ETS, based in Doha, Qatar, specializes in executing turn-around plant shutdowns, EPIC projects, industrial construction and maintenance jobs (mechanical & civil), industrial steel fabrication, corrosion protection, and the supply of skilled manpower and has been offering quality services in the oil & gas, marine and petrochemical industries for over 40 years.

Samir Chopra, Operations Director Qatar, commented: 'We are proud to receive this contract. Having worked on previous Arab-D shutdowns we are confident we can deliver of our services to ETS and Qatar Petroleum keeping safety, quality and schedule as our top priorities.'

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.

− End −

Enquiries:

Cape plc [phone]
Joe Oatley, Chief Executive
Michael Speakman, Chief Financial Officer
Ian Wood, Head of Investor Relations

Buchanan [phone]
Bobby Morse, Ben Romney, Chris Judd