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Image courtesy of Hochgeladen von Pemba/ Wikimedia Commons.

Netherlands-based survey company Fugro has been tapped by the Australian Transport Safety Bureau to conduct a deepwater search for the missing Malaysia Airlines Flight 370.

Fugro will deploy the Fugro Equator and Fugro Discovery along with equipment for the search, Fugro said Wednesday.

Fugro Discovery will begin searching in September and will be joined by Furgo Equator shortly afterwards.

Both vessels are fitted with specialized deep tow survey systems for the work.

MH370 vanished on March 8, 2014 somewhere in the Indian Ocean.

There were 239 people on board.

The search is expected to take up to 12 months and cost about US$56 million (A$ 60 million).

Fugro did not disclose how much its contract is worth.

Australia’s Deputy Prime Minister Warren Truss said at a news conference that he is “cautiously optimistic” that the missing plane will be found.