Cape plc is pleased to extend current relationship with BP with the award of a new two year contract with an estimated value of £100 million.

This contract will secure around 500 jobs for Cape employees as we provide a range of our core services, including access, insulation, coating, passive fire protection and platform services on six North Sea assets and the Forties Pipeline Systems.

Joe Oatley, Chief Executive, Cape plc,'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 programmes. 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'.

Tags: BP PLC, Cape plc