MMA integrates Neptune under one brand
Australian offshore contractor Neptune Marine Services has been rebranded to MMA Offshore.
This follows MMA’s acquisition of Neptune in November last year.
The ASX-listed firm wrapped up the acquisition for the final purchase consideration of A$18.5 million.
MMA said the rebrand will enable the combined business to provide a streamlined service moving forward.
The company also believes that operating under a single brand should boost its reputation as preferred marine services provider.
MMA’s managing director, David Ross, said:
“Today marks an important step in the integration of the Neptune business into MMA, as we move forward as a single company specialising in offshore vessel services, subsea services and project logistics.
“We are excited to be consolidating our brands and look forward to continuing to provide exceptional marine services to our clients.”
In April this year MMA won a contract to support foundation installation for an offshore wind project in Taiwan.
The two-month contract is also MMA’s first vessel contract within the renewable sector.
Neptune Marine also recently completed campaign for Oil Search Limited (OSL) in Papua New Guinea.
The five-week work scope comprised IMR on OSL’s assets in the Kumul Field, with work carried out from the vessel Normand Australis.