Search results for: Neptune Marine Services

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  • 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 […]

  • 24 July 2009

    Neptune Marine Services Ltd has announced that it has successfully secured a range of new projects both in Australia and international markets valued at approximately US$25 million. All scheduled for completion in the first half of FY2010, the projects include: • A NEPSYS repair project for a new customer operating in the North Sea. • […]

  • 24 July 2019
    Business & Finance

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

  • 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 […]

  • 31 October 2016
    Business & Finance

    Australian subsea services provider Neptune Marine Services has been awarded a contract to provide a Hyperbaric Rescue Vessel (HRV) for DOF Subsea Australia, a subsidiary of the Norwegian offshore vessel provider to the oil and gas industry DOF. Neptune said on Monday that this would be the first project for the company’s vessel, the Offshore […]

  • 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.

  • 14 June 2013
    Business & Finance

    The Board of Neptune announced that Boon Wee Kuah will be Chairman of Neptune Marine Services Limited effective from 14 June 2013. Kuah joined the Board of Neptune on 16 March 2011 and will replace Peter Wallace as Chairman, who will remain as a Non-Executive Director of Neptune. Kuah is a qualified chartered accountant with […]

  • 27 April 2020
    Operations & Maintenance

    Neptune Marine Services, MMA Offshore’s subsea business, recently completed campaign for Oil Search Limited (OSL) in Papua New Guinea. The five-week work scope comprised of inspection, repair and maintenance (IRM) work on OSL’s assets in the Kumul Field, with work carried out from chartered vessel, the Normand Australis. The vessel mobilised in Singapore and subsequently […]

  • 24 July 2019
    Business & Finance, Project & Tenders

    MMA Offshore has entered into an agreement to acquire the business of Neptune Marine Services Limited, a provider of topside and subsea inspection, maintenance and repair solutions to the oil and gas, marine and renewable energy industries. The purchase consideration, which is expected to total approximately AUD 18.5 million, would comprise AUD 5.0 million cash […]

  • 22 November 2016

    Neptune Marine Services, a provider of specialized engineering, integrated inspection, repair and maintenance solutions to the energy industries, has opened a new office in the US. Supported by the demand from the company’s North Sea clientele, Neptune has established an office in Houston, Texas. Operating under the name Neptune Subsea Inc., it will enable Neptune […]

  • 2 April 2012
    Business & Finance

    The Board of Directors of MTQ Corporation Limited announces that its wholly-owned subsidiary, Blossomvale Investments Pte. Ltd., has acquired a further 48,040,442 ordinary shares in Neptune Marine Services Limited at an average price of A$0.030 per share at a total consideration of A$1.4 million (approximately S$1.9 million) pursuant to an on-market purchase on the Australian […]

  • 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.

  • 25 August 2010
    Project & Tenders

    Neptune Marine Services Ltd today announced a 14 month extension to its involvement with the Gorgon Project following the award of two new contracts. Collectively valued at approximately $12 million, the work scopes comprise: – Dive and vessel support services for the Marine and Civil/Murray and Roberts Joint Venture (MMJV) on the new Gorgon LNG […]

  • 23 May 2016
    Project & Tenders

    Neptune Marine Services of Australia on Friday said it has won a contract for the 350 concrete mattresses to McDermott Australia for the Ichthys LNG project.

  • 14 June 2013
    Business & Finance

    The Board of Neptune announces that Mr Boon Wee Kuah will be Chairman of Neptune Marine Services Limited effective from 14 June 2013. Mr Kuah joined the Board of Neptune on 16 March 2011 and will replace Mr Peter Wallace as Chairman, who will remain as a Non-Executive Director of Neptune. Mr Kuah is a […]

  • 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 […]

  • 19 February 2016
    Business & Finance, Equipment, Project & Tenders

    Western Advance, distributor for Applied Acoustic Engineering (AAE) in Australia, has recently completed a contract for the supply of one of AAE’s Nexus USBL systems to Neptune Marine Services headquartered in Perth, WA. According to the company, the provision of this system marks the 450th USBL system that AAE has supplied to the subsea industry. […]

  • 10 June 2008

    Neptune Marine Services in Australia has announced the amalgamation of Perth-based Allied Diving Services Pty Ltd (ADS) and Darwin-based Territory Diving Services Pty Ltd (TDS) to form a new business entity, Neptune Diving Services

  • 23 May 2016
    Business & Finance

    Neptune, a provider of integrated inspection, repair and maintenance solutions to the oil and gas industry, has been awarded a contract for the provision of 350 concrete mattresses by EPCI service provider, McDermott Australia. Neptune said in a press release on Friday that the mattresses would be utilized for flowlines walking mitigation on the Inpex-operated Ichthys LNG […]

  • 9 May 2011
    Business & Finance

      Offshore Ship Designers is to design a new compact but powerful AHT offshore support vessel for Netherlands-based Neptune Marine Service BV. The order follows a recent contract for the design of two Azistern24/56 tugs for Singapore-based Pacific Offshore Engineering and Trading Pte. The key to both designs is that although the vessels will have […]

  • 25 February 2015
    Business & Finance, Equipment

    Neptune Marine Services’ Subsea Stabilisation division has completed the structural grouting of the Riser Support Structure (RSS) under contract to a subsidiary of McDermott International, Inc. for the INPEX-operated Ichthys LNG Project, off Australia. McDermott is the appointed main contractor for the subsea Umbilicals, Risers and Flowlines engineering, procurement, construction and installation portion of the […]

  • 9 January 2018
    Business & Finance

    Neptune Marine Services informed that Dominic Siu has resigned as a director of the company following four-and-a-half years of service. Dominic Siu is the chief financial officer of Singapore’s MTQ Corporation. In addition, Neptune has appointed Nicholas Cocks as an independent director, a member of the Remuneration Committee of MTQ Corporation. He is the chief executive […]