Mermaid Maritime Public Company

Contracts

Mermaid Maritime JV signs one-year key contract extension for subsea services

The company’s portion of the contract is worth US$125 million.

Contracts

Mermaid Maritime secures multiple project awards worth US$485 mil

These projects are expected to contribute positively to the group's EPS and NTA for the FY2023.

Results

Mermaid Maritime returns to profitability in 2QFY2022 due to revenue surge

Despite the profitable quarter, the group's 1HFY2022 earnings still stood at a US$5.6 million loss.

Mermaid units lower rates for extension and existing contracts

SINGAPORE (Oct 11): Mermaid Maritime says associate Asia Offshore Drilling has won a short-term contract extension to end December for its jackup drilling rig AOD III with a repeat client from the Middle East.
×