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

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Oil Industry Braces for Years of Market Disruption

LNG Flows Through Hormuz Hit Seven-Month High

Oil Goes Down 2% as Saudi Supply Concerns Recede

Greater Sunrise Gas Production Pushed Back to 2034

Oil Jumps as Houthi Strikes Disrupt Saudi Energy Operations

Strait of Hormuz Shipping Marks Slight Rise

Mermaid Maritime Expands Into US Offshore Market

Current News

Indonesia's Jangkrik FPU Set for Major Gas Output Boost

PTTEP, Eni Launch Joint Venture for ADNOC-Operated Ghasha Offshore Project

Oil India Discovers Gas in Shallow Waters of Krishna-Godavari Basin

Masirah Oil Starts Yumna Offshore Drilling Ops After Months of Delays

Sunda Energy Gets Chuditch License Extension After Termination Warning

Finder Energy Selects Eneos’ Rig for Drilling Job off Timor-Leste

Inpex-Led Bonaparte CCS Project Gets Australian Offshore Storage Approval

Seascape Energy Expands Temaris Gas Acreage Offshore Malaysia

Oil Markets Brace for Years of High Prices as Iran War Drags On

Seadrill Secures Offshore Drilling Deals Across Four Countries

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