Oil and gas company Neptune Energy has awarded a series of contracts to support ongoing operations at its operated Cygnus Alpha and Bravo platforms in the UK Southern North Sea.
The awarded work scopes cover diving support vessel services, helicopter services, and general inspection activities, totalling almost £3 million or over $4.1 million.
As informed by Neptune on Tuesday, the work will support maintaining high levels of gas production from the facility, which is capable of producing 6 per cent of UK domestic gas demand.
Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.