Coral Reefs News

 

MMA Offshore to Buy Rigs-to-Reefs Specialist Subcon for $8.4M

Jun 23, 2022

Australian offshore support vessel owner MMA Offshore has agreed to buy Perth-based Subcon, a company that provides innovative stabilization, coastal erosion, and engineered reef solutions to the oil and gas, offshore wind, coastal infrastructure, and tourism sectors.The total consideration for the transaction is $8.4 million comprising $4.2m cash and $4.2m in MMA ordinary shares.'The acquisition is…

Current News

KOIL Energy Lands First Brazil Subsea Maintenance Job

KOIL Energy Lands First Brazil

Allseas Readies Overhauled Solitaire Pipelayer for Gulf Return

Allseas Readies Overhauled Sol

Oil Eases After Topping $100, Still Set for Weekly Rise

Oil Eases After Topping $100,

Expro Strengthens Offshore Drilling Business with New Acquisition

Expro Strengthens Offshore Dri

Subscribe for OE Digital E‑News

 
Offshore Engineer Magazine