The offshore construction is expected to commence in May this year.

According to the company, the lump sum contract will generate total revenue of approximately $24m.

Headquartered in Houston, Texas, Cal Dive provides an integrated offshore construction solution, including manned diving, pipelay and pipe burial, platform installation and platform salvage services to the offshore oil and natural gas industry.

The company has a fleet of 29 vessels, including 19 surface and saturation diving support vessels and 10 construction barges.