Cape Wins GBP9.8 Million Contract From BP
July 30 2015 - 04:41AM
Dow Jones News
LONDON--Industrial services company Cape PLC (CIU.LN) said
Thursday that it has secured a new contract worth 9.8 million
pounds ($15.31 million) from oil company BP PLC (BP.LN).
Under the contract, Cape will provide its services to support
the hook-up and commissioning of BP's two new platforms on its
Clair Ridge development within the Clair field. The Clair Ridge
development is located 75 kilometers west of Shetland Islands,
U.K.
Shares of Cape at 0810 GMT trading 0.2% higher at 234 pence.
Write to Tapan Panchal at tapan.panchal@wsj.com
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