MMA wins $100m Chevron contract

MMA Offshore vessels in North West waters.

MMA Offshore has won a marine services contract for Chevron’s North West operations worth up to $100 million.

The company said the two-year contract secured stable earnings and cash for its Dampier supply base.

The work will provide employment for 25 to 35 people. The job could be extended for another year.

“MMA is pleased to continue the long relationship we have with Chevron in the North West,” managing director Jeff Weber said.

“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 contractor’s shares closed up 3.5¢, or 6 per cent, to 59¢.