Australian Offshore Vessel MMA Offshore Secures Multi-Year Contract with Chevron Australia

Australian offshore vessel player MMA Offshore, an affiliate of Singapore-based Cyan Renewables, has won a multi-year contract with Chevron’s Australian subsidiary for a high-specification platform supply vessel (PSV) from its fleet.

As disclosed, the MMA Plover has been booked by Chevron Australia to provide marine logistics support to its Barrow Island and Wheatstone assets, situated off the coast of Western Australia.

“This contract reflects MMA’s capability to deliver a comprehensive, high-value solution that goes beyond the provision of a vessel, reinforcing the trust and confidence our valued clients place in us,” said Cyan Renewables Group CEO Keng Lin Lee.

“We are looking forward to supporting Chevron Australia through this long-term contract and to providing a superior service at their two world class gas projects, which have become pillars of energy security for Australia and the broader Asia Pacific region.”

Advanced Technology and Environmental Commitment

The 2015-built MMA Plover features advanced technologies such as high-performance hull coatings, which the offshore vessel player says lead to reduced biofouling and increased fuel efficiency, thereby slashing emissions.

Prior to the contract, the vessel is set to undergo an extensive modification program to enable the carriage of up to 90 twenty-foot equivalent unit (TEU) sea containers, enhancing operational efficiency and reliability.

Supporting Critical Gas Projects

The operator expressed its satisfaction with being able to support the Barrow Island and Wheatstone assets, crucial producers of natural gas for Western Australia and liquified natural gas (LNG) for the Asia Pacific region.

Barrow Island is also home to what Chevron claims is the world’s largest carbon capture and storage (CCS) system, located at the Gorgon liquefied natural gas (LNG) facility.

Environmental Impact and Government Support

With a startup in 2019, the Gorgon CCS system is set to operate for over 40 years, aiming to mitigate significant amounts of CO2 emissions. More than 11 million tonnes of CO2 have been injected into the reservoirs since 2019, with an additional 100 million tonnes expected to be mitigated over the system’s lifespan.

The Gorgon Project, a joint venture between Chevron Australia, ExxonMobil, Shell, Osaka Gas, MidOcean Energy, and JERA, has received support from the Australian Government, committing $60 million to the Gorgon CO2 injection project as part of the Low Emissions Technology Demonstration Fund (LETDF).

Asset Exchange and Collaboration

In late 2024, Chevron Australia entered into a deal with Woodside to swap assets in Western Australia. As part of the agreement, Chevron acquired Woodside’s interests in the Wheatstone project and Julimar-Brunello project, while transferring its interests in the North West Shelf and Angel CCS projects to Woodside.