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.
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.
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.
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.
