Cape wins scaffold contract for new Fadhili facility
Cape’s Kingdom of Saudi Arabia subsidiary, Cape R B Hilton, has been awarded a contract by Nasser S Al Hajri to provide 120,000 km2 of suspended scaffold on the Sulphur Recovery Unit project at Saudi Aramco’s Fadhili Gas Plant.
Cape
263.12p
16:50 06/10/17
FTSE All-Share
4,411.85
15:45 15/11/24
FTSE Small Cap
6,802.32
15:45 15/11/24
Support Services
10,885.48
15:45 15/11/24
The Saudi Aramco Fadhili Gas Program is expected to have a total processing capacity of 2.5 billion standard cubic feet per day and comprises onshore Khursaniyah upstream facilities, the Fadhili downstream pipelines, a residential camp and industrial support facilities.
It will be built approximately 30 kilometres southwest of the existing Khursaniyah Gas Plant.
Paul Cockerill, managing director KSA & Bahrain, said: “This scaffold contract award is a significant strategic win for Cape R B Hilton, it’s an important stepping stone into the Fadhili Gas Plant Project with one of our major clients with whom we have had a long and successful relationship.
“We are committed to delivering a safe and reliable service and will look to secure additional work packages at this prestigious project.”
Cape provides critical industrial services to the energy and natural resources sectors.
At 0915 BST, the shares were down 0.4% to 236.75p.