The Australia-listed engineering and offshore services provider was awarded the contract by MODEC to complete new works at the Modec Venture 11 FPSO facility in the Carnarvon basin, about 160 kilometres north of Karratha.
Neptune said in a statement on Tuesday it expected the work to be undertaken in January and would deliver about A$6 million (US$6.25 million) in revenue.
The company planned to use a vessel supplied by Singapore-based Pacific Radiance Group to complete the job.
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