Cape’s offshore operations in the Far East/Pacific Rim have recently been buoyed by the award of two new contracts:
North Rankin B (Heerema) Woodside
Heerema, an existing Cape client in the UKCS, has awarded Cape its first contract in Australia with an estimated value of £6m. Mike Harding , Director of Offshore Operations Asia Pacific Rim explains, “Cape has been working closely with the Heerema Engineering team for some time providing detailed scaffolding designs and work packs for the known scaffolding scope. We have also been engaged at Batam providing innovative rope access solutions and scaffolding supervision for the local labour force erecting all the preliminary scaffolding.”
The main ramp up for all trades will be in September that will see Cape provide the full range of professional non-mechanical industrial services for the project inclusive of rope access, abrasive blasting, specialist protective coatings and scaffolding for the hook up scope.
Due to the locality of this project and the fact that it will be joined by two bridge sections to the existing North Rankin Platform it is an excellent opportunity for Cape to demonstrate its services not only to Heerema but also to Woodside.
PNG LNG Jetty (BAM Clough JV) Exxon Mobil.
Cape has also been awarded a service contract by the BAM Clough Joint Venture to provide Scaffolding Services for the PNG LNG jetty construction works.
The PNG LNG and condensate jetty will be constructed adjacent to the planned LNG facility twenty kilometres northwest of Port Moresby on the coast of the Gulf of Papua New Guinea.
Cape will deploy the first batch of operatives to the project at the end of August; for the initial phase of the construction works. Topside construction works are due to commence in January 2012 and take approximately twelve months.
BAM Clough is a joint venture group specialising in marine projects and construction in the Far East/Pacific Rim region. Headquartered in Perth WA, BAM Clough also has offices in PNG and Singapore. Although Cape has relationships with various Clough entities across the world, this will be the first contract with the BAM Clough JV.
Securing this contract is seen as a major achievement for the newly established operations in PNG.
Martin May, CEO of Cape Plc, commented:
“These contract awards again highlight the momentum building in the offshore market in the Far East/Pacific Rim region. The North Rankin contract is our third offshore contract award in Australia and we are delighted to be working with Heerema in the region. The BAM Clough award is also our third contract award in PNG this year and provides an excellent opportunity for us to demonstrate our offshore capabilities.”
