The contract will see Neptune provide management and engineering, diving, survey and fabrication works services to Apache’s Simpson pipeline, located in offshore Varanus Island, Western Australia.
The company will also deconstruct the North Herald and South Pepper platforms.
Neptune managing director Christian Lange said the contract emphasised the capability of the company’s unique integrated subsea services model.
“Due to the successful integration of our recent business acquisitions, we can now provide our clients with a broad range of integrated subsea services,” he said.
“We would expect this project for Apache will be a catalyst for Neptune to secure similar and indeed larger projects as EPIC contractors and energy producers become aware of the unique services that the group can offer the global offshore oil and gas industry.”
Neptune expects to mobilise for the offshore works in March, with completion expected by June.