Neptune Awarded McDermott Contract


Neptune is pleased to announce it has been awarded a contract for the provision of 350 concrete mattresses by McDermott Australia Pty Ltd (McDermott International (NYSE: MDR)).

The mattresses, which will be utilised for flowlines walking mitigation on the INPEX operated Ichthys LNG project, will be manufactured at Neptune’s yard in Batam utilising heavy density concrete and will weigh approximately 60 tonne each in the air. Works commenced in April 2016 under an accelerated production schedule.

Neptune Chief Executive Officer, Robin King, said “the award of this contract follows the successful completion of other related scopes of work for McDermott on the Ichthys project by our stabilisation service line. Additionally, Neptune has also performed survey and ROV campaigns on this project in recent years and we are pleased to provide ongoing support to McDermott on this milestone development.”

Category: News