The contract encompasses four of Neptune’s service lines and the new program of work, together with the recently announced contract awards in the United Kingdom, will contribute approximately $15 million to the company’s second half revenue and earnings weighting guidance.
Neptune Managing Director and Chief Executive Officer Christian Lange has said that the contract award was indicative of Neptune’s maturation process across its target industries.
In addition, Neptune Geomatics has been awarded a rig positioning contract from ExxonMobil subsidiary Esso Australia on the Kipper Turrum Tuna Development Project, located in the Bass Strait, offshore Victoria.
