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.
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