Neptune Receives Blacktip Contract Extension (Australia)

Neptune Marine Services Limited has been awarded a contract extension from Eni on the recently announced IRM works in the Blacktip field, offshore Australia. 

The extended Eni scope of work includes a geotechnical drilling campaign and is expected to be followed by the utilisation of the ‘Crest Odyssey 2’ as an accommodation work-over vessel.

In addition to this, Neptune has also been awarded a new contract to perform pre-commissioning activities, utilising the ‘Crest Odyssey 2’, for a major Contractor with operations in the Northern Carnarvon Basin, Western Australia.

Neptune Chief Executive Officer, Robin King, said: “We are pleased to have been awarded further work scopes to our existing vessel campaign which are expected to result in additional revenue of approximately $12m. This clearly highlights Neptune’s ability to deliver a variety of value-adding services to our key clients.”