Cape And SOCAR Win $90 Million BP Offshore Contract

Published at 08:29AM - 23/12/15

Cape have secured a contract worth $90 million, with SOCAR. for services to BP’s oil and gas platforms.

The Singaporean based Cape, specialises in the provision of industrial services to the offshore oil and gas industry.

The joint venture between Cape and SOCAR, will see the two companies supply BP with fabric maintenance services to all of BP’s assets within Azerbaijan, both onshore and offshore. The contract forms a two year extension on the current contract

Commenting on the award, Cape CEO, Joe Oatley, said: “We are delighted to announce the award of this contract extension which demonstrates BP’s confidence in the quality and efficiency of the services provided by our SOCAR Cape joint venture.”