Mermaid awarded subsea contracts in Thailand, Indonesia
Friday, June 16 2017 - 12:34 AM WIB
Singapore-listed Thai firm Mermaid Maritime PCL reported on Thursday 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 US$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.