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Home›Business & Finance›MMA Offshore going to Timor-Leste for decommissioning ops
Business & Finance

November 22, 2023 · about 2 years ago

MMA Offshore going to Timor-Leste for decommissioning ops

MMA Offshore has secured a contract to deliver a range of subsea services in support of decommissioning activities in Timor-Leste. MMA announced that it had been awarded a contract by Timor Gap Drilling And Services, Unipessoal, LDA, a subsidiary of Timor Gap E.P., in association with Santos to prov

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MMA Offshore going to Timor-Leste for decommissioning ops

MMA Offshore has secured a contract to deliver a range of subsea services in support of decommissioning activities in Timor-Leste.

MMA announced that it had been awarded a contract by Timor Gap Drilling And Services, Unipessoal, LDA, a subsidiary of Timor Gap E.P., in association with Santos to provide offshore decommissioning services in Timor-Leste.

The activities will be carried out by the multi-purpose support vessel MMA Prestige.

The campaign is due to commence in the first quarter of 2024, with contract revenue for the planned scope of work expected to be approximately A$15.7 million (around US$ 10.3 million).

“The award of this contract marks another strategic milestone for MMA, securing a significant decommissioning services contract utilising our subsea expertise and vessel assets in combination,” said MMA’s Managing Director, David Ross .

“The pipeline for decommissioning projects in our key operating regions is looking positive and we look forward to supporting our client to deliver a successful outcome on this key project and to demonstrating MMA’s capabilities in the decommissioning space.”

MMA earlier this month reported it had acquired a 2016-built multi-purpose support vessel from Australia’s Guardian Offshore.

The company noted that the 54-meter vessel can undertake a wide range of offshore services including survey, remote operations, and diving across multiple sectors including offshore wind, government and defense, and oil and gas.

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