News Articles for MMA Offshore

Business News has significantly overhauled the BN30 index, a proxy for the WA economy, with seven new additions, prompted by the exit of takeover targets MMA Offshore, APM and Decmil.

Singapore-based Cyan Renewables has acquired Australian offshore marine services provider MMA Offshore for $1.1 billion.

Shareholders in marine services company MMA Offshore have voted to approve the $1.1 billion takeover by Singaporean firm Cyan MMA Holdings.

A $1.1 billion Singaporean takeover of MMA Offshore has been waved through by the Foreign Investment Review Board.

MMA Offshore's biggest shareholders have backed Seraya Partners' $1 billion takeover bid of the Perth-based marine services company.

Cyan MMA Holdings has increased its scheme consideration bid for MMA Offshore, in a deal that would be worth about $1.07 billion.

Perth-based MMA Offshore has provided a trading update as the end of the 2024 financial year looms.

An independent assessment of Singaporean firm Cyan Renewables' $1 billion move for MMA Offshore has deemed the offer fair and reasonable, despite rumoured opposition from a major shareholder.

Mark Beyer and Mark Pownall discuss takeover deals for MMA and APM; hydrogen approvals challenges; payroll tax; WA's gas market; and resource export outlook.

Marine services supplier MMA Offshore has entered into a $1.03 billion scheme implementation deed with Singapore private equity firm Seraya Partners.

MMA Offshore has secured $30 million worth of work to provide familiarisation services for the Royal Australian Navy on robotic, remote and autonomous marine systems.

Marine services supplier MMA Offshore has notched two contracts worth $12 million to provide liquefied natural gas field support.

MMA Offshore has been selected by CSIRO to manage a research vessel in a contract anticipated to generate $80 million in revenue over four years.

Our board moves wrap includes Shannon Robinson, David Koch, ZhongShan Song, and Peter Kennan.

Marine and subsea services provider MMA Offshore has won three contracts worth $30 million to support offshore wind farm developments in Taiwan.

Our weekly appointments wrap includes Pilar Kasat, Erica Campbell, Angela Dawson, Matthew Allen, Ian Burrows, Clinton Turner, Scott Hollier, Amanda Hunt, Linda McSherry, Tamsyn Howard and Luke Disbury.

Marine service provider MMA Offshore has secured a $10 million contract to provide vessel services for a New Zealand-based hydrocarbon producer.

Marine service provider MMA Offshore has announced it will buy subsea solutions company Subcon International for $8.4 million.

The Perth-based marine services company is set to pocket $US15 million (A$21.3 million) from the sale as it seeks to shed non-core assets.

Perth-based marine business MMA Offshore has sold one of its vessels to Fortescue Future Industries to be converted into a green ammonia-powered ship.

Shares in marine and subsea services provider MMA Offshore have risen more than 8 per cent following the company's announcement of a $68 million contract extension with Japan's Inpex.

Our board moves wrap includes Catherine O'Connor, Sally McDow, Michelle Roth, Kerry Gleeson, Tim Muirhead, and Dylan Roberts.

MMA Offshore has won several contracts to start the new year including two long-term vessel arrangements as part of ongoing work with Woodside Petroleum.

ASX-listed companies have detailed roughly $2 billion in JobKeeper payments spanning the last two financial years, with only a handful making voluntary repayments.

Marine and subsea services provider MMA Offshore has secured contracts with the Department of Defence and Japan's Inpex.

Our board moves wrap includes Gillian King, Clint McGhie, Craig Hasson, Sally Langer, Chris Hunt, Matthew Antill, and Brett Dickson.

Our board moves wrap includes Joel Ives, Guy Robertson, Sue Murphy, Eve Howell, Kevin Small, Patrick Soh, Jessamyn Lyons, Karla Mallon, Andrew Palfreyman, Simon Brealey, and Laurence Roe.

Decisions on two big gas projects are due, $12 billion of chemical projects are under consideration, and a decommissioning timebomb awaits.

Perth-based industrial services company Vertech Group has added to a string of acquisitions by purchasing a majority stake in APS, doubling annual turnover to more than $120 million.

Today's board moves wrap includes Keith Middleton, Neil Hackett, Andrew Edwards, and Ian Macliver.

Oil and gas contractor MMA Offshore has launched an $80 million equity raising to reduce its total debt, while chairman Andrew Edwards has announced his resignation.

Oil and gas service provider MMA Offshore has secured $16 million in contract extensions with Woodside Petroleum, which will continue using MMA's vessels.

Santos is confident a suite of financial measures introduced today will help it withstand the impacts of COVID-19, while MMA Offshore has withdrawn its guidance as the virus crisis hits the energy sector.

A 34 per cent lift in first-half profit at MMA Offshore shows an improving environment for offshore service providers, with the company having won work with Woodside and Esso.

Peter O'Connor will join the board of Boss Resources as non-executive chair, replacing Mark Hohnen who is stepping down from the role having helped transition the company to be a v

Our board moves wrap includes Jeremy Kirkwood, David Ross, Bruce Goulds, Terry Bowen, and Lindsay Maxsted.

Fremantle-based MMA Offshore will acquire Neptune Marine Services in a cash-and-scrip deal worth around $18.5 million, as it seeks to expand its services business.

Natalie Teo has replaced Jeremy Robinson as company secretary of Marindi Metals.

The final months of 2018 hit investors in Western Australian stocks hard, with the Business News index of 30 local ASX-listed companies falling 13.3 per cent.

Shares in MMA Offshore have fallen today, after the marine logistics company forecast a challenging year ahead as part of its 2018 financial report, which also included a $36.3 million loss.