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Mermaid Maritime wins subsea contracts totalling $6.3 mil

PC Lee Published on Fri, Jul 21, 2017 / 6:15 PM GMT+8

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SINGAPORE (July 21): Mermaid Maritime says it recently won two subsea contracts with a combined estimated value of US$4.6 million ($6.3 million).

The first contract involves a short ROV campaign for pipeline touchdown monitoring for an international EPCIC contractor offshore in the Middle East GCC who is a new customer.

Work is scheduled to start in the third quarter of 2017.

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