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Qatar Fertilizer Company Awards Five-year Scaffolding Contract to Cape

Source: www.gulfoilandgas.com 3/2/2017, Location: Middle East

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Cape plc, an international leader in the provision of critical industrial services to the energy and natural resources sectors, announces that its Qatar operations have been awarded a five-year framework contract for the provision of scaffolding by Qatar Fertilizer Company (QAFCO) commencing in February 2017. Cape is already working with QAFCO under a separate framework contract for insulation maintenance work as well as other manpower supply contracts.

QAFCO is a joint venture between the Government of Qatar and a number of foreign shareholders. The country's first large-scale venture in the petrochemical sector, QAFCO was established with a view to diversify the economy and utilize the nation's enormous gas reserves. After successfully implementing several expansion projects over the past three decades, the Company has evolved into a world-class fertiliser producer. QAFCO is owned 75% by Industries Qatar and 25% by Yara Netherland.

Samir Chopra, Operations Director Qatar, commented: “We are very pleased to receive this additional framework contract from QAFCO and look forward to continuing our long-term relationship as we deliver on this and our insulation and civil manpower supply contracts.”

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