Major contract for Cape
CAPE, the industrial services group, today announced it had won a contract valued at more than £22.5m to work on a project in Algeria.
The contract, awarded by Snamprogetti Chiyoda s.a.s. di Saipem S.p.A., will see Wakefield-based Cape provide insulation works for the Sonatrach GL3-Z LNG Project in Arzew, Algeria.
The work will commence in the first quarter of 2011 with completion scheduled for the first half of 2012.
Martin May, chief executive of Cape, said: “This is another significant award for Cape, in the strategically important LNG (liquefied natural gas) sector in which we currently work around the world in places such as Australia, Qatar, Sakhalin and Chile.
“We are delighted to again be working in Algeria which is already the fourth largest LNG exporting country in the world.
“With its continuing growth plans, Algeria represents a key market for Cape, and we look forward to building on this relationship with Snamprogetti Chiyoda s.a.s. di Saipem S.p.A.”
Cape has a long history in the LNG industry in North Africa and was first involved in the construction of Arzew GL1-Z in Arzew, Algeria in 1977. Cape’s most recent contract in Algeria was at the In Salah Gas project in 2003.
