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Proposed Sale of Neptune's Business to MMA Offshore Limited

Neptune Marine Services Limited (“NMS” or the “Company”) is pleased to announce that it has entered into a binding Share Purchase Agreement (“Agreement”) for the sale of its business to MMA Offshore Limited (“MMA”) (the “Transaction”). The Transaction will involve the sale of the shares in NMS's key operating subsidiaries.

Please click here Proposed Sale of Neptunes Business to MMA Offshore Limited to view

Category: ASX Announcements

Appendix G4 and Corporate Governance Statement

Market conditions remained difficult as we entered this last financial year. However there were tangible signs that the market was showing signs of improvement.
As predicted the second half of the year saw activity picking up significantly. Over 60% of the full year revenue was performed in the second six months and
Neptune was profitable during this period. These stronger market conditions have continued into the start of the new financial year and activity remains strong.
However despite improvement in revenue, the pressure on margins remains significant and it is expected that it will be sometime before improvements to margins
are experienced.

To view Statement, please click here Appendix G4 and Corporate Governance Statement

Category: ASX Announcements
Neptune Successfully Completes Survey and Diving Campaigns for Oil Search

Neptune Successfully Completes Survey and Diving Campaigns for Oil Search

Neptune is pleased to announce that it has recently successfully completed a large diving campaign for Oil Search with additional several survey, maintenance and construction scopes, at their offshore facilities Kumul Marine Platform in Papua New Guinea. The campaigns were conducted under the ongoing service agreement with Oil Search.
Category: News
Articles 1 to 10 of 173

Regional Head Offices

Perth
Level 16, 140 St Georges Tce
Perth, Western Australia
Australia 6000

P: +61 8 9424 1111
F: +61 8 9424 1110
E: info@neptunems.com

UK
P: +44 1224 659950
E: infoUK@neptunems.com

Asia
P: +65 6542 4143
E: infoSEA@neptunems.com