Mermaid Maritime Public Company Limited (Mermaid) announced Thursday last week that its Singapore wholly-owned subsidiary has recently been awarded a subsea contract with an estimated value of USD 5 million.

MERMAID secures pipeline repair air-diving contract award in Singapore
Caption: Offshore support vessel Mermaid Sapphire - Image courtesy of Memaid

The contract award, with work scheduled to commence in the third quarter of 2017 and to be completed in the fourth quarter of 2017, will involve use of a Company owned ROV support vessel and a chartered-in ROV support vessel with air diving systems, dredging equipment and concrete coating removal equipment to carry out an air diving job to clamp and repair a 48" pipeline and to change-out SBM hoses offshore Singapore for an international upstream oil and gas company.

Source: Mermaid