Mermaid Maritime awarded USD 4.3 million subsea contracts from oil majors in Asia

By Vessels

Mermaid Maritime Public Company Limited (Mermaid) announced on Thursday (June 15, 2017) that its South East Asian business units have recently been awarded subsea contracts from oil majors with a combined total estimated potential contract value of USD 4.3 million.

Mermaid Maritime awarded USD 4.3 million subsea contracts from oil majors in Asia
Caption: Offshore support vessel Mermaid Sapphire - Image courtesy of Memaid

The first highlighted package of work involves the DP2 Dive Support Vessel Mermaid Sapphire with a Work Class ROV and cement/grouting spread carrying-out a 16-day lump sum project involving subsea pipeline freespan rectification for a national upstream oil and gas company in the Gulf of Thailand.

The second highlighted package of work involves a 2-year contract carrying out site survey & navigation services offshore East Kalimantan, Indonesia, for an international upstream oil and gas company using the client’s or third party chartered-in vessel.

Source: Mermaid