MMA Offshore Expands Fleet with 2016-Built Vessel "Offshore Solution"

Thursday, November 9, 2023

Australian offshore vessel operator MMA Offshore has acquired the vessel “Offshore Solution” to supplement its multi-purpose support vessel fleet. 

The Offshore Solution is a 2016 European-built, 54-meter, DP-2 multi-purpose support vessel fitted with two deck cranes, dual moon pools, and accommodation for 42 people. 

According to MMA Offshore, the vessel is suitable for operations globally and can undertake a wide range of offshore services, including surveys, remote operations, and diving across multiple sectors, including offshore wind, government and defense, and oil & gas.

The vessel was acquired from Guardian Offshore with the A$14M (Around USD 9 million) purchase price to be funded from MMA’s existing cash reserves.

MMA’s Managing Director, David Ross, said: “We are pleased to acquire the Offshore Solution which will give MMA additional capacity to deliver services across multiple industry sectors and geographies. 

"The acquisition aligns with our strategy to further develop our integrated services offering, combining our subsea and vessel capability to capture a greater proportion of the value chain as well as our growth aspirations in offshore wind and government & defence. With demand for this type of vessel outstripping supply at present, we are confident that this vessel will enhance MMA’s earnings and deliver positive returns.”

Categories: Offshore Vessels Industry News Activity Australia/NZ

Related Stories

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

BW Opal FPSO Vessel set for Work off Australia

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

Mubadala Energy Open to Sell Andaman Gas for Domestic Use

Indonesia's Medco Starts Production at Natuna Sea Fields

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Sapura Energy Nets $22.6M in Offshore Support Vessel Contracts

Second Hai Long Substation Heads to Project Site Offshore Taiwan

Shell Predicts 60% Rise in LNG Demand by 2040 with Asia Leading the Way

Current News

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

China's Sinopec Laucnhes $690M Hydrogen Venture Capital Funds

CIP, ACEN Partner Up for First Large-Scale Offshore Wind Farm in Philippines

Valeura Concludes Eight-Well Drilling Campaign in Gulf of Thailand

Three Dead in Chevron's Angolan Oil Patform Fire

BW Opal FPSO Vessel set for Work off Australia

Keyfield Ventures into Indonesia’s Oil and Gas Market with New Partner

Fire Contained at Vietnamese Oil Platform Undergoing Decommissioning (Video)

Velesto’s Jack-Up Rig Set for Drilling Job off Indonesia

Petronas, Inpex Secure Oil and Gas Exploration Rights off Indonesia

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