Upstream reported in mid-August that Vetco Gray had beaten several major rivals for this contract, which covers horizontal christmas trees, production controls and distribution equipment, connection systems, and installation tooling and services.

Peter Goode, chief executive of Vetco International, said: "We continue to increase our capabilities to execute projects in Australia and Stybarrow is an excellent fit with our strategy."

The Stybarrow project is located in the Exmouth sub-basin, Western Australia.