MMA Offshore acquires Subcon

July 28, 2022

MMA has completed the acquisition of Subcon International Pty Ltd.

Offshore staff

PERTH, Australia — MMA Offshore has completed the acquisition of Subcon International Pty Ltd.

Integration of the Subcon business will commence immediately, with the business to become part of MMA’s Subsea Services division.

The proposed acquisition was originally announced June 23 that Subcon would be acquired by MMA Offshore, a company that provides high-specification vessels and a comprehensive suite of marine and subsea services to the offshore energy sector and wider maritime industries.

MMA's recent projects

On July 12, MMA announced its MMA Leeuwin platform supply vessel would be deployed to provide drilling support services for OMV in the Taranaki Basin, New Zealand.

MMA also recently announced it would be welcoming its first Taiwanese vessel to its fleet, following the reflagging of its AHTS vessel, the MMA Crystal. In support of Taiwan's offshore wind market, the process was carried out following a substantial conversion program conducted on the vessel in early 2022, which added a suite of new subsea support services to the MMA Crystal, including ROV, survey and subsea deployment/lifting capabilities.

On May 11, MMA announced it had been awarded an integrated vessel and subsea services contract to provide offshore construction support services in Qatar.

In May, MMA was awarded a significant integrated vessel and subsea services contract to provide offshore construction support services in Qatar. The MMA Pinnacle multipurpose support vessel was deployed to Qatar to provide a range of subsea services in support of a tier-one contractor working on a pipeline installation campaign. The campaign is expected to continue until December.

In April, Woodside contracted MMA Offshore to support offshore field development drilling for the Scarborough project over a firm 350-day period. Operations are due to start in second-quarter 2023, with the MMA platform supply vessel due to undergo dry-docking prior to joining the campaign.

07.28.2022