Cape Philippines wins another Bay-Undan offshore contract

Cape is pleased to announce that its Philippines operations have been awarded another multi-discipline service contract in the Timor Sea. Cape will provide services on the accommodation vessel supporting the ConocoPhillips facility’s major refurbishment project. The contract, awarded by BURJ LLC (a subsidiary of Millennium Offshore Services Management Company F.Z.E), encompasses a range of specialist services including electrical services, pre mobilisation preparations, HSE Officers, rig mechanics and helideck landing operations.

Mike Harding, Director of Offshore Operations Asia Pacific Rim, of Cape, commented:

“Cape has a long history on the Bayu-Undan offshore assets supporting maintenance, campaigns and shutdown scopes. This contract is Cape’s first awarded from this client and we regard it as an important opportunity to demonstrate our capabilities for a new partner as we look to establish a long-term relationship. We look forward to working closely with Millennium Offshore Services on this project and supporting them in delivering the project on time and safely.”

About Cape:

Cape plc (www.capeplc.com), which is listed on the main market of the London Stock Exchange, provides a range of non-mechanical industrial services including access systems, insulation, painting, coatings, blasting, industrial cleaning, training and assessment to both industrial plant operators and major international engineering and construction companies.

As a single source provider, Cape is able to provide a range of specialist multi-disciplinary services specifically tailored to meet the needs of the client providing the most intelligent and cost efficient solutions for our customers non-mechanical in-plant maintenance and capital needs.

In the year ended 31 December 2010, Cape reported revenues of £650.1 million. With scale and leading market positions across its international footprint, Cape employs over 18,000 people in 29 countries.