Cape Nets Magnus Life Extension Project from BP

Cape plc, an international leader in the provision of critical industrial services to the energy and natural resources sectors, announces the award of a contract with BP to supply its services within the Magnus Life Extension project, MLXP.

MLXP is a project being undertaken by BP as part of its North Sea renewals programme, and will see work carried out continuously from now through to Q2 2015. The North Sea business will then work systematically to renew and refresh the fabric of the asset on a large-scale-project basis, clearing the way to embark on new drilling and the value-adding work that will see Magnus maximise its potential.

Simon Hicks, Managing Director of Cape UK: “We are delighted to be awarded this project to support BP in its North Sea renewals programme, we look forward to working with BP to deliver this project safely and effectively”

Press Release, October 03, 2014; Image: Oil Rig Photos