Neptune lands subsea stabilization gig off India

Australia-based Neptune has been awarded a subsea stabilization services contract by Kreuz Subsea for the Daman field development project in Mumbai High, India.

Neptune said on Tuesday it will provide a number of concrete mattresses and offshore grouting services to Kreuz Subsea.

The company also said it has established a project supply base to deliver these services locally.

Neptune Chief Executive Officer, Robin King, said: “Although the market has seen a downward trend, India remains a place for growth and Neptune is looking forward to utilizing this potential by working with key clients on future projects.”

Kreuz Subsea’s involvement in the Daman development project started in January this year with the award of a contract by Larsen & Toubro (L&T). Through this deal, it was agreed for Kreuz to mobilize five vessels to deliver subsea completion works and support L&T who, in turn, is in charge of engineering, procurement, construction, installation, and commissioning (EPCIC) work on the project.

The project is a part of ONGC’s strategy to extract gas from Daman field which is situated in the southwestern part of Tapti-Daman block located some 160-200 km northwest from Mumbai.

Following the contract award by L&T, Kreuz Subsea in February hired Seamec’s multi-role accommodation vessel Revelation and in March the Seamec Princess diving support vessel.

Offshore Energy Today Staff

Share this article

Follow Offshore Energy Today

Events>

<< Feb 2019 >>
MTWTFSS
28 29 30 31 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 1 2 3

19th Annual Arctic Oil & Gas Symposium

CI Energy’s 19th Annual Arctic Oil & Gas Symposium has brought together hundreds…

read more >

Egypt Petroleum Show

This event will feature 500+ regional & international exhibiting companies from over 35 countries…

read more >

INTERNATIONAL PETROLEUM WEEK 2019

International Petroleum (IP) Week is a renowned and respected fixture in the annual calendar…

read more >

Fuel Cell Expo 2019

FC EXPO is world’s largest show for hydrogen & fuel cell…

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply