Mermaid Maritime units secure 3 subsea contracts totalling $16.2 mil

SINGAPORE (Sept 6): Mermaid Maritime says its business units have won three subsea contracts in South East Asia and the Middle East with a combined value of US$12 million ($16.2 million).

The first contract award involves using the DP2 saturation diving vessel Mermaid Commander with a Quasar work-class ROV to carry out a 60-day inspection, repair & maintenance (IRM) project in Malaysia.

The second and third contract awards involve using DSV Mermaid Endurer with ROV to carry out survey and correction projects on subsea pipelines in the Middle East.

---

Related Stories

• Mermaid Maritime appoints Michel Lefebvre as lead independent director
• Mermaid Maritime rides on trends in offshore oil and gas, shift towards renewables
• O&M players hitch a ride on offshore wind

---