Friday 26 June 2015

The Directors of MMA Offshore Limited are pleased to announce that the Company has been awarded a contract by Chevron Australia Pty Ltd (Chevron) to provide supply base facilities and services for Chevron's operations in Australia's North West.

MMA will provide a broad range of shore base services out of its Dampier Supply Base. The comprehensive scope includes operations planning and management for vessel mooring, load and discharge, freight/material management and dedicated laydown and staging areas. Additionally, the scope requires the provision of technical capabilities including heavy lifting operations, the provision of quarantine inspection and remediation services and management of a number of 3rd party services.

The contract has a 2 year term commencing on 15 June 2015, is worth up to A$100 million over 2 years, with an option to extend for a further year and will provide ongoing employment for between 25 to 35 people over this period.

Managing Director, Mr. Jeff Weber, said: "MMA is pleased to continue the long relationship we have with Chevron in the North West. MMA is looking forward to working in partnership with Chevron to deliver the scope of services in a safe, reliable and cost effective manner."

The contract reinforces MMA's position as a service provider of choice to world class oil and gas operations and it represents an important step in continuing to support Chevron. The contract also secures stable earnings and cash flow for MMA's Dampier Supply Base.