Cape awarded 5-year contract with Exxonmobil

 Cape - Intelligent solutions for industrial services

Cape plc has been awarded a 5-year contract with ExxonMobil for the supply of access, insulation and associated services to Fawley Refinery in the UK.

ExxonMobil is the world’s largest publicly traded international oil and gas company. It holds an industry-leading inventory of global oil and gas resources, is the world’s largest refiner and marketer of petroleum products, and its chemical company ranks among the world’s largest.

Cape won the contract following a detailed tender in 2014. Cape has previously supplied ExxonMobil with specialist access and thermal insulation services in support of maintenance and projects activities at Fawley Refinery. This is the first time, however, that ExxonMobil has chosen to combine the access and insulation under a single contract.

Joe Oatley, Chief Executive Officer of Cape plc commented: “We are delighted to have been awarded this contract which we were able to win by demonstrating to ExxonMobil the value that Cape can deliver with our innovative approach to both access and insulation. We will be working hard over the coming months to ensure we achieve a smooth transition and I look forward to continuing our long-standing relationship with this important client.”

About Cape

Cape (www.capeplc.com), which is premium listed on the main market of the London Stock Exchange, is an international leader in the provision of critical industrial services principally to the energy and natural resources sectors. Our multi-disciplinary service offering includes access systems, insulation, specialist coatings, passive fire protection, refractory linings, environmental services, oil and gas storage tanks and heat exchanger replacement and refurbishment. Cape employs over 17,000 people working across 21 countries and in 2014 reported revenue of £698.3 million.