Search results for: MMA Offshore

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  • 24 July 2019
    Business & Finance

    Australian offshore support vessel company MMA Offshore is set to buy its compatriot offshore services provider Neptune Marine Services.

  • 14 January 2020
    Business & Finance

    Australian offshore support vessel company MMA Offshore has confirmed the appointment of a new managing director of the company.

  • 3 July 2019
    Business & Finance

    Australian marine services provider MMA Offshore has appointed David Ross as its new Chief Executive Officer (CEO) with effect from July 1, 2019.

  • 21 October 2019

    Shareholders of Australian offshore services provider Neptune Marine Services have approved the sale of key operating subsidiaries to offshore vessel owner MMA Offshore.

  • 28 March 2018
    Business & Finance

    MMA Offshore has been awarded two new term contracts, which will see several of its vessel operate offshore Australia and Côte d’Ivoire.

  • 7 November 2019
    Business & Finance

    Australian offshore support vessel company MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries.

  • 17 April 2020
    Project & Tenders

    Marine services provider MMA Offshore has won a contract to support foundation installation for an offshore wind project in Taiwan. To that end, MMA will use the MPSV MMA Vigilant to monitor the seabed for dredging and piling work. The company’s Vessel Operations, Subsea Services as well as Project Logistics business units will execute the […]

  • 7 July 2017

    Australian offshore vessel owner MMA Offshore has completed the sale of its Dampier Supply Base to Toll Group. MMA Offshore will used the net proceeds from the sale of the supply base to reduce debt. Also, the sale of MMA’s 50% share of the Toll Mermaid Logistics Broome Supply Base to Toll completed on April 28, […]

  • 21 November 2019
    Business & Finance

    Oversupply of offshore vessels in the market is overstated, and the market is tightening, Australian OSV player MMA said Thursday. The company also expects an increase in demand for its services in its key regions of operations. In a statement prepared for its AGM of shareholders, MMA said its returns on assets, while significantly below […]

  • 12 November 2019
    Business & Finance, Operations & Maintenance

    MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries. The final purchase consideration of A$18.5 million comprised A$5.0 million in cash and the issue of 67.6 million MMA shares to Neptune Marine Services at an issue price of A$0.20 per share, representing 7.3% of the […]

  • 10 November 2017
    Business & Finance

    Australia-based marine services provider MMA Offshore has appointed David Cavanagh as its chief financial officer (CFO), effective December 1, 2017. Cavanagh will take over from outgoing CFO, Peter Raynor, who leaves MMA after a 12-year tenure, the company informed on Friday. Raynor will remain with MMA for the time necessary to facilitate a smooth transition to […]

  • 21 October 2019
    Business & Finance, Project & Tenders

    Neptune Marine Services’ shareholders have approved the acquisition of the company by MMA Offshore. MMA will acquire Neptune business through the acquisition of its key operating subsidiaries. This follows the approval of the transaction by the shareholders of MTQ Corporation of Singapore, the parent company of Blossomvale Investments, Neptune Marine Services’ controlling shareholder. MMA Offshore […]

  • 18 November 2019
    Business & Finance

    Australian offshore support vessel company MMA Offshore has been awarded a number of new contract awards and extensions.

  • 10 November 2015
    Project & Tenders, Vessels

    A marine service company, MMA Offshore said on Tuesday it has won an A$50 million contract from the Australian LNG player Woodside.

  • 27 May 2019

    The Australian offshore support vessel operator MMA Offshore sees an improvement in OSV market, but it’s still the early stage.

  • 2 March 2017
    Business & Finance

    Marine service provider MMA Offshore has decided to sell two of its Australian supply base assets in order to reduce debts.  MMA Offshore informed on Tuesday it has entered into agreements with Toll Group for the sale of its Dampier and Broome Supply Base assets. The company explained that the sale of both assets was […]

  • 4 July 2019
    Business & Finance

    Australian marine contractor MMA Offshore has appointed David Ross as its new chief executive officer with effect from 1 July 2019. Ross (previously the company’s deputy CEO) will succeed Jeffrey Weber and will initially be based in Singapore. Weber will remain as managing director, based in Australia, until the conclusion of the company’s 2019 annual […]

  • 20 April 2020
    Business & Finance

    MMA Offshore has won a contract with a top tier construction contractor to support foundation installation for an offshore wind farm project off the coast of Taiwan. Commenting the latest news, MMA Managing Director, David Ross, said: “Expanding our service offering into supporting the renewable sector is a key step in executing our growth strategy.”  […]

  • 6 July 2020
    Business & Finance

    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 […]

  • 2 August 2016
    Business & Finance, Equipment

    SpeedCast International, a global satellite communications service provider, has been awarded a multi-year service agreement by the Australian offshore vessel owner, MMA Offshore, for the provision of high throughput connectivity across MMA’s global fleet. SpeedCast said on Tuesday that MMA will be using the company’s Ku-band and C-Band global maritime network and maritime communication services. […]

  • 10 November 2015
    Business & Finance

    MMA Offshore Limited, a marine services provider, has been awarded a contract by Woodside Energy valued at approximately A$50 million ($35.24M). According to MMA’s press release from Monday, the company will provide three vessels to support Woodside’s offshore Northwest Shelf, Pluto and AusOil production assets in Australia’s North West region. The three vessels to be […]

  • 17 April 2019
    Business & Finance

    MMA Offshore has been awarded a contract by Woodside to provide accommodation and walk-to-work vessel services to support platform maintenance operations on Woodside’s Australian assets.