Cape wins new offshore Clair Ridge contract worth £9.8M

Cape plc has been awarded a new offshore Clair Ridge contract with BP worth £9.8M securing 170 Jobs.

Cape plc, a leader in the supply of critical industrial services to the energy and natural resources sectors, continues it’s current relationship with BP after being awarded a new Clair Ridge contract worth £9.8m, with further future phases added over the next 18 months.

Clair Ridge, 75km west of Shetland, is the second phase of development within the Clair field – the largest undeveloped hydrocarbon resource on the UKCS. The contract is in support of the hook-up and commissioning of BP’s two new bridge-linked Clair Ridge platforms. Effective from July 2015, the contract will secure around 170 jobs for Cape employees through the provision of core services including access, insulation, coating, passive fire protection and platform services for the Clair Ridge hook-up work.

Joe Oatley, Chief Executive, Cape plc said: “We are delighted to be awarded this further contract by BP. Cape has a longstanding relationship with BP and we look forward to continuing to work with this important client to deliver our critical industrial services to this prestigious project”.