Neptune Wins IRM Contract for Blacktip Field Off Australia

Neptune announces that it has been awarded a contract from Eni to perform an IRM scope in the Blacktip field south west of Darwin.

Neptune will utilise the ‘Crest Odyssey 2’, a saturation dive support vessel that it’s currently operating on the North West Shelf, to perform this work which includes saturation diving, air diving and ROV works.

The contract is expected to deliver revenue of up to AU$6.0 million and the project is due to commence in March 2013.

Neptune Chief Executive Officer, Robin King, said this contract is another example where Neptune can provide the clients with a total engineered solution utilising a number of the related services.

“We are very pleased to have been awarded this contract from Eni, who is a significant long-term client of Neptune”.

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Press Release, February 21, 2013