SINGAPORE (June 7): Mermaid Maritime announced it has clinched six subsea contracts worth US$15 million ($20.3 million).

The contracts, which are largely based in South Korea, Indonesia and India, include subsea survey, inspection, repair and maintenance works, as well as the use of underwater Remotely Operated Vehicles.

Mermaid Maritime said the most of the projects will be completed by November, with each project taking between 20 and 90 days.

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