MMA Offshore Wins Two Contracts for MMA Privilege Vessel

Thursday, December 24, 2020

Australian offshore vessel operator MMA Offshore has recently secured two new contracts for its Multi-Purpose Support Vessel the MMA Privilege.

The first contract is for the provision of accommodation and walk-to-work services to support FPSO shutdown operations in Côte d'Ivoire, West Africa. This contract is for a firm period of 138 days, including mobilization and demobilization, with a further 14 days in options. This contract startsin February 2021, with the vessel mobilizing from Singapore in January 2021. MMA did not say who the client was.

The second contract is for the provision of light construction and accommodation/walk-to-work services in Brunei. This contract is for a firm period of 90 days, with a total of 70 days in option periods. This contract will start in or around July 2021.

These two contracts, with firm periods totaling 228 days, increase the company's contracted revenue for FY2021 and FY2022 by an aggregate total of approximately A$8.0 million, and secure utilization for the MMA Privilege for the material portion of the 2021 calendar year.

Commenting on the contract awards, MMA's Managing Director,  David Ross, said: "We are extremely pleased to secure these contracts which give us greater certainty in our forward contract book in the current environment. The MMA Privilege is a quality vessel and we look forward to supporting our client's operations safely and efficiently."

Categories: Energy Vessels Activity Asia Africa Australia/NZ

Related Stories

CNOOC Makes Major Oil and Gas Discovery in South China Sea

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Shell Hires Noble’s Drillship for Work in Southeast Asia

MODEC and Samsung Team Up to Install Carbon Capture Tech on FPSO

Six New Gas Wells in Line for BP’s Shah Deniz Field in Caspian Sea

Malaysia's Petronas Plans Job Cuts

ADES’ Fourth Suspended Jack-Up Rig Gets Work Offshore Thailand

ABS Approves Hanwha Ocean’s FPSO Design

Floating LNG Conversion Job Slips Out of Seatrium’s Hands

Transocean’s Drillship to Stay in India Under New $111M Deal

Current News

Fire at Petronas Gas Pipeline in Malaysia Sends 63 to Hospital

Japan’s ENEOS Xplora, PVEP Ink Deal for Vietnam Offshore Block

CNOOC Makes Major Oil and Gas Discovery in South China Sea

Valeura’s Assets in Gulf of Thailand Remain Operational After Earthquake

Op-Ed: Kazakhstan’s National O&G Firm Positioning Itself as Global Energy Player

Woodside to Shed Some Trinidad and Tobago Assets for $206M

CNOOC Sees 11% Profit Growth in 2024 Driven by Record Oil Production

‘Ultra-Mega’ Offshore Deal for L&T at QatarEnergy LNG’s North Field Gas Scheme

Keel Laying for Wind Flyer Trimaran Crew Boat

MODEC Gets Shell’s Gato do Mato FPSO Ops and Maintenance Job

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com