MMA wins $30m contracts for offshore windfarm services

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

The Perth-based company will use its range of offshore vessels and subsea services to deliver scoping work, including cable installation using remotely operated vehicles (ROV), and survey operations.

The company will mobilise its Singapore-based offshore service vehicle MMA Pinnacle to assist Seaway 7, an offshore wind farm construction company, to develop the Taiwanese project.

The MMA Prestige vessel will provide accommodation support services for wind turbine maintenance operations.

The company’s MMA Crystal vessel and its integrated ROV will undertake cable trenching and survey support services for the project.

MMA managing director David Ross said they were extremely pleased to secure the contracts.

“These contract awards also mark a major milestone in our diversification strategy with offshore wind being a key target market for MMA into the future,” he said.

“It is also very pleasing to see our Taiwanese flagged vessel, the MMA Crystal, secure an integrated support contract through our local Taiwanese entity MMA Clean Energy.

“This is an endorsement to our strategic entry into Taiwan to support the growing offshore wind market in the region.”

In July 2022, MMA secured a $10 million contract with New Zealand-based hydrocarbon supplier OMV NZ.

On the market, MMA Offshore shares were up 7.52 per cent to $1.22 at 4.10PM AEDT.