WELSHPOOL, Western Australia – MMA Offshore Ltd. has provided an update on recent contract awards and the progress on its asset sales program.
OMV New Zealand has awarded the anchor handling tug supply vessel (AHTS) MMA Vision a three-year contract to provide field support duties for the Maari and Maui gas fields in the Taranaki basin. The contract includes two one-year option periods.
INPEX has awarded the platform supply vessel MMA Plover a two-year contract extension for drilling rig support services at the Ichthys field offshore northwest Australia. The contract extension includes further options to extend on a per well basis.
The two vessel contracts amount to a combined value of A$44 million ($34 million) for the firm periods.
The company has won a contract to complete site investigation survey works for an offshore wind farm development in Taiwan. MMA will use two third-party chartered vessels for geophysical and visual surveys. The work scope is expected to start in July 2021 and conclude in September 2021.
In addition, the company recently sold three AHTS vessels for about A$5 million ($4 million) and is in the
late stages of negotiating the sale of a fourth vessel.