Cape wins South Hook LNG terminal contract
Tuesday, November 07, 2006
Cape PLC has won a significant new contract on the South Hook LNG terminal in Milford Haven.
The contract to provide the common user access service for the construction of the main process unit on phase 1 of the South Hook LNG Terminal, has now commenced and is due to be completed by the winter of 2007/8. It complements other work already won on the site by Cape, including the installation of the cryogenically insulated bases of the five giant LNG storage tanks.
South Hook LNG Terminal Company Ltd is a joint venture between subsidiaries of Qatar Petroleum (70%) and Exxon Mobil Corporation (30%).
Martin May Cape's Chief Executive, said:
'We are delighted to have been awarded another contract on this prestigious project and to have the opportunity to build on the excellent relationship we already have with Qatar Petroleum and
Exxon Mobil in the Middle East.'
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