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    1. Subsea

    Mermaid secures dive support contract extension in the Middle East

    Oct. 28, 2019
    Mermaid Maritime has received a three-year, $162-million contract extension from a national upstream oil and gas company for offshore inspection, repair and maintenance services in a Gulf Cooperation Council country.
    (Courtesy Mermaid Maritime Public Co. Ltd.)
    The company will continue to provide a suite of diving services using its DP-2 saturation dive support vessel Mermaid Asiana along with ROVs, specialized diving equipment and divers.
    The company will continue to provide a suite of diving services using its DP-2 saturation dive support vessel Mermaid Asiana along with ROVs, specialized diving equipment and divers.

    Offshore staff

    BANGKOK, Thailand – Mermaid Maritime has received a three-year, $162-million contract extension from a national upstream oil and gas company for offshore inspection, repair and maintenance services in a Gulf Cooperation Council country.

    This follows an initial seven-year contract period, in partnership with a local offshore vessel services/logistics provider.

    Mermaid will continue to provide a suite of diving services using its DP-2 saturation dive support vessel Mermaid Asiana along with ROVs, specialized diving equipment and divers.

    The three-year extended period is expected to begin during 4Q 2019.

    The company has served this contract since 2012.

    10/28/2019