The vessel, also known as the Castoro 8, is on contract to Italian company Eni in Australia, where it is installing the pipeline and platform for the Blacktip gas project off Northern Territory.
The vessel's crew was recovering anchors in preparation to sail away to avoid a tropical low that later developed into Cyclone Billy, a Category 1 cyclone, said the National Offshore Petroleum Safety Authority (Nopsa).
However,