Woodside Energy has awarded an A$50m ($35m) integrated fleet contract to MMA Offshore.
Under the terms of the contract, MMA will provide three vessels to support the offshore Northwest Shelf, Pluto and AusOil production assets of Woodside, located in Australia’s north west region.
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The three vessels to be chartered include two of MMA’s purpose-built offtake support vessels (OSVs) the Mermaid Sound and the Mermaid Strait, as well as a high-specification platform supply vessel (PSV), the Mermaid Leeuwin.
According to MMA, the contract for the vessels is for a firm period in addition to various options.
Upon exercising all options, the contract value is expected to be around A$110m ($77m) in total.
MMA Offshore managing director Jeff Weber said: "There is enormous pressure on the offshore marine industry to achieve sustainable cost positions without compromising quality operations.
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By GlobalData"The award of this contract is an endorsement of our ability to support world class operators in this challenging economic time, and to provide cost-effective solutions."
The Woodside-operated North West Shelf (NWS) project is a joint-venture between six major international companies, and its facilities constitute Australia’s oil and gas development, representing an investment of over $34bn.
NWS produces liquefied petroleum gas, oil and condensate for international energy markets.
Woodside took the Pluto LNG project from discovery in 2005 to first production just seven years later. The project was started in April 2012.
