Services Firm Cape Secures 500 Jobs with New BP Contract

UK-based oilfield services firm Cape announced Friday that it has won a new two-year contract with BP worth an estimated GBP 100 million ($154 million). Cape said the contract will secure around 500 jobs for its employees.

The contract will see Cape supply a range of services, including access, insulation, coating, passive fire protection and platform work on six North Sea assets and the Forties pipeline systems.

Cape Chief Executive Joe Oatley commented in a company statement:

"We are delighted to be awarded this further contract by BP, which will allow us to continue to invest in our people through our apprentice, intern and graduate programs. 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 across their assets in the North Sea."


Have a news tip? Share it with Rigzone!


Click on the button below to add a comment.
Post a Comment
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Related Companies

Our Privacy Pledge

More from this Author
Rigzone Staff
e-mail us at
 -  Aker Solutions to Buy Brazilian C.S.E (Oct 21)
 -  Sea Trucks Group Secures Work Offshore... (Oct 21)
 -  Shell Divests Non-Core Oil, Gas Proper... (Oct 21)
 -  Petrofac Appoints New CFO (Oct 21)
 -  Wheatstone LNG Development Start-Up in... (Oct 20)

Most Popular Articles

From the Career Center
Jobs that may interest you
HR Advisor
Expertise: Cementing|HR - General
Location: Mt Braddock, PA
HR Advisor
Expertise: HR - General|Well Control
Location: Punxsutawney, PA
United States Elmendorf: Entry Level Operator Assistant I - Frac/Acid
Expertise: Field Service Tech
Location: Elmendorf, TX
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours