14th Apr 2016 07:45
LONDON (Alliance News) - Industrial services company Cape PLC on Thursday said it has secured a new contract with the UK unit of US gas giant ConocoPhillips Co.
Under the five-year, multi-million pound deal, Cape will provide fabrication, mechanical, engineering and instrumentation services to the ConocoPhillips facility at Seal Sands on Teesside.
No specific financial details were disclosed on the contract.
"I am delighted that Cape has been able to secure this important contract and we look forward to developing our relationship with ConocoPhillips further," said Cape Chief Executive Joe Oatley.
Cape shares were flat at 239.00 pence.
By Sam Unsted; [email protected]; @SamUAtAlliance
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