Neptune Marine Services today announced a new round of contract awards valued at approximately $20 million for a range of blue chip clients, including Australian majors, Woodside and BHP Billiton.
Contributing further to the $55 million in new and extended activity announced last month, the contracts, spanning Australia and the UK, include:
Neptune's Managing Director and CEO, Christian Lange, said the current and future pipeline of opportunities across the global Neptune Group were extremely encouraging, particularly in light of the global economy.
"As highlighted in our recent quarterly statement, revenues generated by the group have remained robust at $48 million for the three months to March 31, 2009 and $145 million year-to-date," he explained. "Similarly robust is our bidding activity and pipeline of tendering opportunities that is providing us with the visibility that will help to drive our ongoing growth strategy into 2010 and beyond."
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